By J. I. Furtado, José I. Furtado, Tamara Belt

ISBN-10: 0821345737

ISBN-13: 9780821345733

Multiple billion humans all over the world nonetheless reside in acute poverty and the earth's inhabitants is probably going to double within the subsequent 40 years. consequently, way more financial improvement may be required with a view to in attaining appropriate minimum criteria of residing for everybody. in spite of the fact that, within the try to increase dwelling criteria, little cognizance has been paid to the unwanted effects of financial improvement at the surroundings. The problem is to make sure that improvement concepts for monetary progress are carried out together with environmental sustainability. This ebook explores a huge diversity of useful concerns with regards to environmental administration, together with wealth construction, associations, fairness, power, exchange, human well-being, and ecological sustainability. 'Economic improvement and Environmental Sustainability' was once built as a part of a five-year application of coverage seminars on monetary improvement and environmental administration, in addition to fiscal globalization and environmental sustainability. The seminars have been held in numerous areas together with South and East Asia, jap Europe and crucial Asia and have been carried out through the area financial institution Institute in collaboration with the basis for complex experiences on overseas improvement, Japan, and with the help of the governments of Japan and the Netherlands. This ebook is meant for decisionmakers, coverage analysts, representatives of nongovernmental businesses, and all these attracted to realizing and contributing to environmentally sustainable improvement.

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Economic development and environmental sustainability: policies and principles for a durable equilibrium

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International institutions and conventions are needed to provide an infrastructure that permits and protects such collaboration. The chapter discusses six major conventions, namely: the Montreal Protocol, the Framework Convention for Climate Change, the Basel Convention, the Convention on Combating Desertification, the Convention on Biological Diversity, and the Convention on International Trade in Endangered Species. Finally, the chapter examines the creation of a carbon market. Chapter 11 Clearly, the most important reason why the world as a whole is now taking environmental degradation more seriously than in the past is because of the anthropocentric way of human thinking.

The current systemthe gross national productmeasures the aggregate value of the output of a country's economy in a given year and does not record deterioration of the environment, which may negatively affect economic welfare. Ecological systems are far too complex to place a value on them or to design an accurate indicator of their state of well-being. Nonetheless, current national account systems need to be modified so that some environmental values are gradually recognized and can be compared across countries.

By contrast, ecolabeling could affect trade and induce positive environmental impacts. By isolating those countries or companies that are not producing environmentally friendly products, ecolabeling may act as a trade barrier. Chapter 10 This chapter is devoted to global environmental issues and looks at environmental problems in a more holistic fashion. Global environmental problems are extremely complex and include the greenhouse effect, the destruction of the ozone layer, and the loss of biodiversity.

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Economic development and environmental sustainability: policies and principles for a durable equilibrium by J. I. Furtado, José I. Furtado, Tamara Belt


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