Ecologization of Economy as a Tool of Sustainable Development, Mitigation Consequences of Climate Changes and Precondition for Integration Process Cover Image

Ecologization of Economy as a Tool of Sustainable Development, Mitigation Consequences of Climate Changes and Precondition for Integration Process
Ecologization of Economy as a Tool of Sustainable Development, Mitigation Consequences of Climate Changes and Precondition for Integration Process

Author(s): Sulejman Redžić
Subject(s): Economy
Published by: Akademija Nauka i Umjetnosti Bosne i Hercegovine
Keywords: economical transition; ecological crisis; natural resources; sustainable development; nature management; Western Balkan; European Union

Summary/Abstract: Climate changes have been taking their share in last 30 years all over the world. Loss of soil caused by frequent flooding and soil erosion has resulted in increasing number of hungry people left without roof over their heads. Lack of fresh water is considered to be key issue nowadays. Conventional energetic resources are being lowered daily. All those facts were confirmed by the Millennium Ecosystem Assessment of our planet. Ecological crisis is getting worse every day without possibility to get out of it. This imposes emergent and effective ecologization of human society on global scale. First of all, it is necessary to conduct ecologization within economic sector, which is obligatory task to developed, less developed countries and especially to the countries going through socio-economic transition. All investments should be planned and analyzed on ecological basis, taking into account rules and laws of the European Union (EU). The investment is considered to be ecologically acceptable if it applies waste-less technologies with low energy input and products that are environmental friendly, whereby the Pollution Prevention should be a dominant approach. This relates especially to forestry and wood-industry which is basic economy sector in Western Balkan countries. Major cost savings could be done within this sector, which would cut down our needs after woods and new sources of fresh water. The most present questions in the Western Balkan countries, especially in BiH, questions that mainly correspond with serious environmental disturbances and climate changes, are those of hydro energetic sector. Without any kind of sever previous ecological study, there are being destroyed even last streams by construction of flow-through hydroelectric power plants, and building of high dams for large hydroelectric power plants. Some large and ecologically questionable investments are planned within Adriatic equator (territory of Bosnia and Herzegovina). Besides, there is yet to be solved route of Vc-corridor in its most delicate shares. Water is being re-directed from one watershed into another. Irreverence of both ecological laws and demands jeopardizes the biodiversity, specific habitats, especially endemic forms of life. This imposes need after more distinct stand of the EU toward all countries seeking to become its member on achieving and implementation of required ecological obligations in each aspect. In other words, there should not be new investment done unless there is a visible ecological base for it. Every single Euro has to be additionally „turned into green“. Likewise USAID (United States Agency for International Development) has done it through its after-war recovery programs in BiH achieving the outstanding results. As a first steps in achieving of sustainability is ecologization of educational system.

  • Issue Year: 2011
  • Issue No: 2
  • Page Range: 105-126
  • Page Count: 22
  • Language: English
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