Instruments of Change Motivating and Financing Sustainable Development

About this book

Examines the use of incentive systems and improved institutional arrangements to protect the environment and conserve natural resources, as a means towards sustainable development.

Contents

Full-cost pricing and the role of economic instruments; economic instruments - typology, advantages and limitations; creating incentives for sustainable development; raising revenues for sustainable development; economic and financing instruments for the global commons; selecting the right instrument; introducing economic instruments in developing countries; developed country experience and its relevance to developing countries; developing country and transnational economy experience; conclusion - policy lessons and recommendations.

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Biography

Theodore Panayotou is a fellow at the Harvard Institute for International Development, and a lecturer in the Department of Economics and the John F Kennedy School of Government at Harvard University. Dr Panayotou received the 1991 Distinguished Achievement Award of the Society for Conservation Biology for his wide-ranging efforts to use economic analysis as a tool for conservation.