Environmental economics and sustainable development

Abstract

The article is devoted to the analysis of the global environment problems caused by the human activity of the whole planet. It is mentioned that the enthusiasm of the human activity of the whole planet is extremely dangerous. The article presents the concept of balanced development which aims to reorganize the biosphere from the point of the integrity of biological and physical natural systems. It is realized that balanced development with economic and environment components should become a priority issue of international cooperation in order to overcome the environmental and economic crisis. It is proved that the World Environmental Constitution should be a consolidated document to contribute to the formation of a system of new international legal agreements in each separate area of environmental protection.