Steven Bernstein - The compromise of liberal environmentalism

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