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Environment and Development : Reaching for a Double Dividend

By Wolfowitz, Paul

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Book Id: WPLBN0000071009
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005
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Title: Environment and Development : Reaching for a Double Dividend  
Author: Wolfowitz, Paul
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


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Wolfowitz, P. (n.d.). Environment and Development : Reaching for a Double Dividend. Retrieved from


It is an honor to be here with you at the Forum today, and share with you some thoughts on how the global community can face the double challenge of protecting our environment and strengthening our economies. Not too long ago, many business groups might have felt that these are conflicting goals. But we know very well today, that there are innovative ways to preserve this planet's precious natural resources?in a way that protects livelihoods, not destroys them. Brazil is working toward a potential double dividend?to meet the energy needs that are essential for economic growth and fighting poverty?while leaving a smaller environmental footprint. In the past week I traveled extensively in your fascinating country and, quite frankly, I'm reluctant to leave, not because the weather is so cold up North, but it is so attractive here in Brazil. I saw inspiring examples of how poor communities in the semi-arid areas of the Northeast are trying to cope with the devastating effects of droughts?droughts which also hit the rainforests of the Amazon hard this year, leaving communities stranded without food or transport. I saw the effects of deforestation and learned about the challenges of reconciling development with the conservation of this vast region's rich biodiversity. Brazil's response to these enormous challenges has been impressive. I learned how your active carbon trade market is generating methane from landfills and about your world-class tropical agricultural research complex, EMBRAPA. I heard President Lula's enthusiasm for bio-fuels as a source of job creation and green energy. And this morning, I visited the world's largest ethanol plant in Ribeirao Preto.


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