Economic Growth Theory and Natural Resource Constraints: A Stocktake and Critical Assessment

Society is facing significant environmental challenges. The effects of climate change, biodiversity loss and degradation are being increasingly felt worldwide. In recent years, researchers have attempted to adapt neoclassical endogenous growth theory account for constraints imposed by scarce natural resources. this article, we review where, how, tend incorporate resources capital into theory. We then outline areas questions that remain unanswered, including how novel impact investing the eroding trade-off between GDP environment affect