Protecting the environment during and after resource extraction
Ruth Greenspan Bell
No wp-2017-164, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Natural resources extraction inevitably imposes environmental injuries including diversion of scarce water away from pressing local needs, disruption of fragile ecosystems, and longer-range and often irreparable harm. These fall most forcefully on the local populations at or near the extraction sites but also beyond. Effective regulation is critical to balance immediate needs with longer-term considerations.
Keywords: Extractive industries; Environmental enforcement; Natural resource contracts; Equator Principles; Corporate social responsibility; Environmental impact assessments; Voluntary environmental standards (search for similar items in EconPapers)
Date: 2017
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