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Showing posts from January, 2020

INCOME INEQUALITY, A THREAT TO ENVIRONMENTAL SUSTAINABILITY

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While much attention in recent years has been focused on the relationship of income inequality with economic growth and social development, its relationship with environmental sustainability has remained relatively unexplored. Yet, there is now considerable empirical evidence showing that income and wealth inequality can be harmful for environmental sustainability. Widening income disparity and environmental deterioration in relation to economic growth have increasingly become pressing issues of our concern. I found and drew some mechanisms that may explain the observed correlation by identifying three channels through which income inequality may influence environmental outcomes. These are: 1.       Household 2.       Community 3.       National (with an extension to international) The household channel of causality operates mostly through the consumption behavior. For example, the rich genera...

POST 2020 CLIMATE CHANGE RESOLUTIONS

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Climate change is one of a set of inter-linked environmental, economic and social challenges we are currently facing. It has the potential to exacerbate other threats to our economic well-being, such as biodiversity loss, diminishing access to freshwater, degradation of agricultural land and growing risks of resource-related conflicts. Urgent action towards combating these climate changes is therefore an ultimate requirement for a healthy future. In consideration of the sweeping climate catastrophes happening around the world, I will slightly borrow from the Global Youth Climate Action Declaration (GYCAD) a number of potential measures in form of resolutions that should be taken to mitigate the effects of climate change as we come close to the projected 2030 to achieve the set sustainable development goal 13.   v   Economic, political and social drivers ; Urge the international community to construct and implement a framework for binding environmental legislation t...