Establishment of the Pacific Resource and Environmental
Economics Network (PREEN) 29 January 2010 | News story The use
of resource and environmental economic analytical information to
support and or underpin economic development and environmental
conservation decisions is relatively new in the Pacific.
Resource management has conventionally either not involved
consideration of economic factors at all or has involved it only
inadequately. Similarly environmental conservation decisions
often did not include livelihood or opportunity cost
considerations. The failure of some environmental or natural
resource management initiatives has consequently been attributed
to the poor policy or project design arising from that economics
gap. Part of the reason for inadequate consideration of economic
issues in natural resource management is the lack of capacity in
natural resource economics in the Pacific. Many Pacific island
country governments do not have the resources to employ
dedicated natural resource economists in t