The Nature vs Development Debate Humanity today is faced with a wide array of challenges. Across the globe, rapid urbanization, overuse of technology, along with mass consumption and production have all led to steady degradation and loss of natural capital and the ecosystem services it provides. With climate change becoming increasingly prevalent, we are looking at an alarming rise in …

In the last few weeks, the world has been having to deal with the double emergency of the pandemic as well as climate change, while Bangladesh and West Bengal had to deal with a triple emergency, with super cyclone Amphan hitting us quite badly. Unfortunately, such multiple emergencies are no longer going to be rare going forward. So we need …

Period of Classical Economics Physiocracy is regarded as one of the first schools of modern economic thought, which arose during the late 18th-the late 19th century. It came from the Greek word “physis,” meaning nature, and  “kratia,” i.e. authority.  So it was called the  `government of nature,’ by the French economist/physiocrat Francois Quesnay and his followers. They viewed in nature, …

What is Biodiversity “Biological diversity” is often shortened to “bio-diversity” that has won the central point of development policy debates since decades. The rights and responsibilities for conserving biodiversity have been shaped up with the adoption of the Convention on Biological Diversity (CBD), which is considered as a milestone of natural resources management and environment. The conservation and utilization of …