Valuing the Environment
David Glover leads the Environmental Economics program at Canada’s International Development Research Centre IDRC
IDRC 2010 - ISBN 978-1-55250-476-5 - e-ISBN 978-1-55250-479-6 - 108 pp.
Full text available online at: http://bit.ly/acECCN
“……A vast number of people in developing countries depend on the natural environment for their livelihoods — on farmland or forests, wetlands or coastal areas. For these people, the environment is much more than a source of recreation — it is the basis of the economy. But poorly functioning markets, incomplete property rights, and misguided policies can drive people’s behaviour in ways that are rational in the short term or from an individual’s point of view, but harmful to the environment and future generations.
Economics has much to offer in understanding and influencing this behaviour. It also provides tools for decision-makers faced with difficult choices. How can we compare the value of environmental benefits to the costs of safeguarding them? How can we assess the impacts of environmental action (or inaction) on the poor? How should we share the costs of improvements?
This book shows how researchers from four of IDRC’s regional environmental economics networks have dealt with questions like these in a wide variety of situations in Asia, Africa, and
VALUING THE ENVIRONMENT: Foreword Sir Partha Dasgupta, Frank Ramsey Professor of Economics,
This chapter outlines the central ideas and principles of environmental economics, and traces the evolution of the regional et works that have been established to promote the approach in developing countries.
Market and policy failures
The search for solutions
Environmental economics in developing countries
Recognizing a gap
Thirty stories from the field illustrate the kinds of questions that environmental economics can help answer. These vignettes showcase the work of researchers in Asia, Africa, and
improve environmental policies.
Valuing the environment
Applying the principles
Information for policy design
Putting ideas into action
Economics: Helping in the search for solutions
This section describes in detail how the regional environmental economics networks have developed the skills of researchers, and introduces a few of the talented individuals who are carrying the work forward into new areas.
A model for building skills
Drawing in the media
Applying research to development
Institutionalizing environmental economics
This chapter presents key lessons drawn from IDRC’s 15-year effort to build the field of environmental economics in developing countries. It also looks ahead to a future in which economic principles are applied wherever they can help make action to protect the environment more effective, more equitable, and less costly.
Lessons for policymakers
Into the mainstream
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