Promoting environmentally sound economic progress

The document argues that global environmental and economic stability depends on Northern industrialized nations reforming their internal policies. Key recommendations include updating national income accounting to include natural resource losses, reforming agricultural trade policies, discouraging pollution through economic policy, implementing fossil fuel taxes to drive energy efficiency, and providing debt relief and trade support to developing countries.

• International cooperation to solve global environmental and economic issues is contingent upon Northern industrialized nations first reforming their own internal policies.
• The report prescribes several specific policy shifts for Northern nations, including the use of fossil fuel taxes to promote technology development and energy efficiency, and the reconfiguration of national income accounting to account for the loss of natural resources.
• To support the global economy, the report suggests that Northern nations should dismantle farm policies that penalize farmers in developing countries and provide those countries with debt relief and a more supportive international trade framework.

APA

World Resources Institute (n.d.). Promoting environmentally sound economic progress. https://www.wri.org/research/promoting-environmentally-sound-economic-progress

Chicago

World Resources Institute. Promoting environmentally sound economic progress. n.d. https://www.wri.org/research/promoting-environmentally-sound-economic-progress.

Wikipedia

{{cite report |author=World Resources Institute |title=Promoting environmentally sound economic progress |url=https://www.wri.org/research/promoting-environmentally-sound-economic-progress |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitutendpromoting, author = {{World Resources Institute}}, title = {{Promoting environmentally sound economic progress}}, institution = {World Resources Institute}, url = {https://www.wri.org/research/promoting-environmentally-sound-economic-progress}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }