NATURAL RESOURCES

The environment, its changes and pollution are perceived by contemporary society as one of the most important problems. The aim of sustainable development and ensuring an ecological balance appears very often. However its realization assumes a change in economic policy and a definition of other principles and rules for individuals – consumers. Natural resources become scarcer with increasing population and improvements in human life. Economics is a science about using scarce resources.

Environmental economics and its practical application in the field of environmental policy is the main focus of IEEP’s research interests. The instruments of environmental policy (mainly taxes, subsidies and tradable permits) have been analyzed by the IEEP since it was founded in 2002. The IEEP has started significant profiling in the framework of selected environmental sections – chiefly in the fields of air protection and climate change, water and waste.