The Link Between the Environment, Poverty and Development in South Africa
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A 2011 World Bank study estimates that environmental wealth accounts for 26 percent of the total wealth of low-income countries. This is contrasted with 13 percent of wealth in middle-income countries and only 2 percent of wealth in OECD countries. Therefore, investing in sound and equitable environmental management makes good economic sense and is essential to fight poverty because people in developing countries depend directly on natural resources (such as fisheries, pastures, forestry, etc) to earn their livelihoods.Read more