How is economy related to sustainability and environmental factors in development?

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  • State-of-the-art sustainability practices can transform traditional economic development and poverty alleviation strategies. Creating resource efficiencies in areas such as water, transportation, energy, and material use makes communities more equitable and resilient while lowering the cost of living.
    It refers to the practices that support long-term economic growth without negatively impacting the social, environmental, and cultural aspects of the community. Economic sustainability is all about giving people what they want without compromising the quality of life, especially in the developing world.

    How does environmental factors influence economic development?

    Poor environmental quality in turn affects economic growth and wellbeing by lowering the quantity and quality of resources or due to health impacts, etc.