Sustainable Development Economics

Sustainable Development Economics is a branch of Environmental Economics that focuses on balancing economic growth with environmental protection. It emphasizes using natural resources responsibly so that future generations can also meet their needs. This approach considers long-term ecological health, social equity, and economic stability, advocating for practices that nurture the environment while promoting prosperity. Essentially, it aims to create a harmonious relationship between human activity and the planet, ensuring that development today does not compromise the ability of future generations to thrive.