Investing in Environmental Wealth for Poverty Reduction
This report examines investments in and policies for improving environmental quality and natural resources management, and documents the critical role played by these investments and policies in creating opportunities for people to lift themselves out of poverty. Its intended audience is decision-makers who require hard economic evidence to evaluate the proposition that investment in sound, equitable environmental management is an effective—indeed, an essential—strategy for reducing poverty. The economic case for investing in the environment to reduce poverty is grounded in analysis of what has come to be known as the poverty-environment nexus. Such analyses can be, and are, made without reference to economics; however, the rapid expansion of the subject of environmental economics in recent years provides an opportunity to examine poverty-environment issues in a context that is likely to yield the kind of insights and arguments that many consider to be particularly persuasive.