Valuing the Environment: Economics for a Sustainable Future

Valuing the Environment: Economics for a Sustainable Future

Valuing the Environment: Economics for a Sustainable Future

Valuing the Environment: Economics for a Sustainable Future

Excerpt

Developing countries face a formidable challenge: lifting millions of people out of poverty while protecting some of the world's most important and biologically rich ecosystems. Achieving both objectives will require finding win-win solutions and, where those cannot be found, making trade-offs based on thorough knowledge of what is gained and what is lost.

Environmental economics provides a numbers of tools that can help decision-makers faced with difficult choices: How can the value of environmental benefits be compared with the costs of safeguarding them? How can the impacts of environmental action (or inaction) on the poor be assessed? How should the costs of environmental improvements be shared?

Since 1993, IDRC has worked with researchers in developing countries to develop these tools and bring them to bear on environmental problems of local importance. This book tells the story . . .

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