Banking on diversity

Article Abstract:

Asian governments are becoming more receptive to the idea of sustainable development. This idea involves viewing environmental resources such as clean air, clean water, forests and a rich diversity of plant and animal species as economic assets. These assets should not be expended faster than nature can replace them. The vast destruction of habitat and the imminent extinction of many species make Asia an excellent place in which to practice sustainable development. However, broad popular support for the concept is necessary to persuade governments to act on it.

Sustainable development

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Looking back at Rio: 'give us trade, not aid': environmental values vs economic growth

Article Abstract:

Fostering economic growth without destroying the environment continues to be a dilemma for Asia's developing countries. The 1992 Earth Summit achieved general agreement on some issues and helped to diffuse awareness of environmental problems, but made little progress on controversial matters such as the cutting-down of rainforests. Asian governments point out that eliminating poverty offers the best chance of protecting the environment. However, many Asians now realize that short-sighted plundering of the environment may damage their economies in the long run.

Economic development

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Back down to earth: global summit fails to live up to ambitions

Article Abstract:

Developing Asian nations expressed dismay over the discussions and amounts pledged at the 1992 Conference on Environment and Development. Representatives stated that the issues tackled focused mainly on ecological problems prevalent in developed nations. However, the developing nations were able to secure assurance that environment-related assistance would not be exclusively coursed through the World Bank. The conference also allowed the nations to identify environmental issues and priorities as their strengths in forging trade agreement provisions.

International affairs, Developing countries

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