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Environment and Development The Basic Issues

This document discusses several key issues at the intersection of environment and development. It notes that environmental issues both impact and are impacted by economic development. Market failures can lead to excessive environmental degradation. Poverty and lack of education may also result in unsustainable use of natural resources. Global warming and climate change are growing concerns for developing nations. The concept of sustainable development aims to meet current needs without compromising the future by maintaining natural capital stocks over time. Environmental accounting is needed to determine if environmental capital is increasing or decreasing.

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Hyasmin Buenviaje
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174 views1 page

Environment and Development The Basic Issues

This document discusses several key issues at the intersection of environment and development. It notes that environmental issues both impact and are impacted by economic development. Market failures can lead to excessive environmental degradation. Poverty and lack of education may also result in unsustainable use of natural resources. Global warming and climate change are growing concerns for developing nations. The concept of sustainable development aims to meet current needs without compromising the future by maintaining natural capital stocks over time. Environmental accounting is needed to determine if environmental capital is increasing or decreasing.

Uploaded by

Hyasmin Buenviaje
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Environment and Development: The Basic Issues

• Environmental issues affect, and are affected by, economic


development
• Classic market failures lead to too much environmental
degradation
• Poverty and lack of education may also lead to non-
sustainable use of environmental resources
• Global warming and attendant climate change is a growing
concern in developing countries
• Sustainable development and environmental accounting
• Sustainable development has been defined as “meeting the
needs of present generation without compromising the

m
er as
wellbeing of future generations”

co
• Running down the capital stock is not consistent with the

eH w
idea of sustainability

o.
•
rs e
Environmental and other forms of capital are substitutes only
ou urc
to a degree; eventually they likely act as complements
• In developing countries, environmental capital is generally a
o

larger fraction of total capital


aC s

• To know whether environmental capital is increasing or


vi y re

decreasing, we need environmental accounting


ed d
ar stu
is
Th
sh

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