ENVIRONMENT, DEVELOPMENT, AND LIBERAL ENVIRONMENTALISM - Earth Summit conference - definition how global environmental problems should be understood; appropriate behaviors and policy practices
FROM BRUNDLAND TO RIO - Brundtland's Report - catalyst for initiatives and research projects o Central theme: combination of economic and environmental decision-making - 1987 - beginning of reforms of the World Bank (WB) - ‘greening of Bank’ under the president Barber Conable o Organization: four regional environmental divisions and one central department o 1989 - environmental assessment umbrella policy o Active role in framing the norms o 1992 World Development Report (Kenneth Piddington) - economic growth is the necessary condition for environmental protection and poverty reduction; “sustained development”; market liberalization - removing subsidies that encourage pollution of environment and clarifying property rights + Polluter Pays Principle (PPP) - win-win strategy - importance of social conditions, provision of basic needs