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Rapid economic development has been a boon to human well-being. It
has lifted millions out of poverty, raised standards of living, and
increased life expectancies. But economic development comes at a
significant cost to natural capital--the fertile soils, forests,
coastal marshes, farmland--that support all life on earth,
including our own. The dilemma of our times is to figure out how to
improve the human condition without destroying nature's. If
ecosystems collapse, so eventually will human civilization. One
answer is inclusive green growth--the efficient use of natural
resources. Inclusive green growth minimizes pollution and
strengthens communities against natural disasters while reducing
poverty through improved access to health, education, and services.
Its genius lies in working with nature rather than against it.
Green Growth That Works is the first practical guide to bring
together pragmatic finance and policy tools that can make
investment in natural capital both attractive and commonplace. The
authors present six mechanisms that demonstrate a range of
approaches used around the globe to conserve and restore earth's
myriad ecosystems, including: Government subsidies
Regulatory-driven mitigation Voluntary conservation Water funds
Market-based transactions Bilateral and multilateral payments
Through a series of real-world case studies, the book addresses
questions such as: How can we channel economic incentives to make
conservation and restoration desirable? What approaches have worked
best? How can governments, businesses, NGOs, and individuals work
together successfully? Pioneered by leading scholars from the
Natural Capital Project, this valuable compendium of proven
techniques can guide agencies and organizations eager to make green
growth work anywhere in the world.
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