Sustainable environmental economics

The Volvo Environment Prize for 2002 was awarded to Partha Dasgupta and Karl-Göran Mäler, two economists of international distinction, who pioneered original and outstanding contributions to several strands of environmental and resource economics. Jointly they have worked on property rights, environmental protection, poverty, and the theory for demonstrating a sustainable path of economic development. The work of Partha Dasgupta and Karl-Göran Mäler mark them as outstanding, innovative social scientists of great vision and determination operating on the frontiers of environmental economics.