Environmental economics and sustainable development
- WashingtonUS World Bank 1993
- [6], 112 p.
Explains the key role of environmental economics in facilitating the more effective incorporation of environmental concerns into development decision-making. Reviews concepts and techniques for valuation of environmental impacts that enable such environmental considerations to be explicitly considered in the conventional cost-benefit calculus used in decision-making. Looks at related aspects including environmental impacts and economy-wide policies, discount rate issues, and multi-criteria analysis.