Environmental Economics Essay Example | Topics and Well Written Essays - 1000 words - 2

Environmental Economics - Essay Example A crisis that is brought about by the accelerated and possible irrevocably impacts of the human activities on the nature agitate for cooperative responses by the intercontinental institutions, governments and the whole populace as well. Governance has therefore, been in the forefront to try and meet the crisis brought about by the environmental problems in the world by their efforts to pool their various experiences and knowledge of the concerned agents and institutions (Gaikwad, 2011). But it should be understood that, the augmenting scales and the gravities of the environmental concerns that are in terms of climatic changes, depletion of biological diversity and deprivation of the ecosystem service threatens to block and likely attempt by various stakeholders including global markets and all the international corporations to reach a solution (Tata Motors, 2012). This aspect has therefore, played a major role in restricting some possible prospects of the economic progress in most re gions and countries The environmental protection actions still remain inadequate in the warning face of the scientific community. The essential reforms indicate a sluggish process that necessitates a lot of diplomatic negotiations, time, energy and above everything money. An extremely serious environmental crisis has demonstrated its in capabilities in the generation of the unanimous reaction from all countries (Gaikwad, 2011). The persistence divisions among the global markets have played a major role in slowing down the advancement towards a suitable organized international environmental governance. Nature pays no attention on the social and the political obstructions and more so various environmental aspects which are meant for change that includes contamination and climatic changes that are indifferent to both borders and states. The international nature of the rooming environmental crisis tends to revoke out the outcomes of all the measures put in place unilaterally by any nati onal body or a particular institution. This therefore, raises a greater need to formulate and apply lasting means for the inter-sector collaboration derived from a holistic perspective of sustainability. A feature of cooperation is needed between the actors and the organizations who are working on the environmental problems (Srinivas, 1999). Along the Montreal protocol to eliminate materials that diminish the ozone layer, it was identified that the stratospheric ozone layer act as shelter in the atmosphere which protects lives on planet earth from the harmful ultraviolet rays. Scientists therefore, observed that, the ozone layer was getting thinner every now and then. The Nations that are UN recognized have endorsed a treaty and are forging ahead to ban the production of the substances that destroy the ozone layer while also coming up with other ozone friendly options (US Environmental