This is an author produced version of a paper published in Nature. This paper has been peer-reviewed and is proof-corrected, but does not include the journal pagination. The most unique feature of Earth is the existence of life, and the most extraordinary feature of life is its diversity. Approximately 9 million types of plants, animals, protists and fungi inhabit the earth. So, too, do 7 billion people. Two decades ago, at the first Earth Summit, the vast majority of the world's nations declared that human actions were dismantling Earth's ecosystems, eliminating genes, species, and biological traits at an alarming rate. This observation led to a daunting question: How 30 will loss of biological diversity alter the functioning of ecosystems and their ability to provide society with the goods and services needed to prosper?