Rationalizing Economic Development and Environmental Sustainability Essay

There happens to be a two-fold task governing the followence of economic ontogeny and environmental stability national progress towards economy depends on natural resources, and natural resources needs surrogate to continue the cyclical mode of economic development. In this manner, these two important national concerns continuously exist with a common approach of relationship. Indeed, the economy depends on the environment and the stability of the environment likewise opts for check from the sectors enriching the economy.In issues occurring betwixt economic development and environmental stability, there are claims that the arousal of the economy inhibits the stableness of the environment. The energy sector primarily is one of the primordial avenues governing this relationship. An exemplification of such is the report of Woodwell and Ramakrishna (2004) entitle solid ground Bank undermines efforts on global warming It states there that the World Bank favorably considered the move support for the expansion of new-fangled sources of fossil fuels, one of the principal causes of climatic distraction.It came up with a decision that interests on recommending support to the less developed countries which are good prospects that can sell oil or blow out or coal to the world markets. Furthermore, the alleged deed brings back into the limelight the ongoing inconsistency between the voices of the scientific community that provokes on the worlds state, and the ears of what the economic and political communities bear. In fact, the environment is existence changed in conduct that annihilates its life-supporting capacity. Instead, it seeks for immediate efficient steps to stop the erosion.Such report only signifies how the thin out of coming up with possible sources of oil, gas or coal can be much of a danger to the environment, to the inhabitants surrounding the possible resources, and to the planet earth as well. Global warming for the past decades continuously a larms the people of its degrading effects on the environment. Drastically, different industries governing the economy surely have instantly or indirectly implied to such dilemma. In lieu with this, the question is back to basic What does the environment do to the economy? Indeed, there is a need to assess the economic pry of the environment through its fundamental means, ways, and processes. Taking a look with CIDAs Policy for environsal Sustainability, an article called Assessing the Economic Value of the Environment states that taking into consideration the economic values implied to all environmental values, which may be of cultural, aesthetic, or spiritual, is not possible. Moreover, programmers are in constant need to assess the environments value to know its value in economic terms, and to assess the economys value to identify its value in make of environment decisions.In contrast with the macro and micro level, there is a need to emphasize the pros and cons of doing stin ting activities that may affect that of the environment. Furthermore, the article The Complicated Interrelationships of Poverty, Population and Natural Resources from the same policy states the sophisticated interconnected web of cause and effect relationships among poverty, population growth, degradation of natural resources and natural resource consumption (11). ternary factors such as population, environment and poverty are commonly indivisible.In this manner, such dilemma is comprehend in most of the less developed and highly populated countries. Most of the highly populated countries pucker much of its resources creating a slash on its natural resources yet may incur a likely high or low effect to its economy. Indeed, in terms of economic development and environmental sustainability, the only process is inevitably diversified. With this, the relationship between the economy and the environment takes action upon the people and their surroundings.Works CitedWoodwell, George M. and Ramakrishna, Kilaparti. World Bank undermines efforts on Global Warming. The Boston Globe 11 August 2004. Assessing the Economic Value of the Environment. January 1992. Canadian International Development Agency. 13 April 2007 The Complicated Interrelationships of Poverty, Population and Natural Resources. January 1992. Canadian International Development Agency. 13 April 2007