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Influence of Global Economic Arrangements on the Environment: The Need for Eco-Capitalism

Abstract

While the nations of the world are experiencing unprecedented and rapid environmental changes, human economies and civilisations are at the same time undergoing robust transformations. The environment-development debate has centred on the relations between economic arrangements and environmental change at different levels and scales. The major concern has been how to negotiate policies at the local, regional and international levels that will make economic growth more “green” (that is, environment-friendly). Exploring the connections between economic arrangements and environmental concerns is very useful, as it forms the basis on which developmental policies and environmental sustainability planning are made. This paper discussed topical issues bordering on carbon-footprint-reduction-pathways, thereby presenting Eco-capitalism as a possible way forward.

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