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This text highlights the conflicts between economic growth and the conservation of nature in the context of sustainable development. It places particular emphasis on biological diversity and examines possible policies for resolving conflicts which arise from the contrasting goals of conserving the natural environment and economic growth. Key issues examined in the book include: the value of environmental and resource economics in planning sustainable development; the importance of biodiversity conservation for sustainable development and for the stability and sustainability of ecological systems; the impact of economic globalization and market systems on the conservation of nature; priorities for the financial support of protected areas; the extent to which eco-tourism can be harnessed to reconcile economic utilization of an area with nature conservation; the costs and benefits of conservation; financing the management of nature reserves; and economic and social considerations to be taken into account in nature conservation.