There is no viable alternative to sustainable eco-economic development and growth; this requires sustainable monetary agency.

https://philpapers.org/archive/TERSMA.pdf

Dr Stephen I. Ternyik thank you for your contribution to the discussion

Economic growth will be undermined without adequate environmental safeguards, and environmental protection will fail without economic growth. The earth's natural resources place limits on economic growth. These limits vary with the extent of resource substitution, technical progress, and structural changes. The environmental impact of economic growth includes the increased consumption of non-renewable resources, higher levels of pollution, global warming and the potential loss of environmental habitats. However, not all forms of economic growth cause damage to the environment. A constant conflict between economics and the environment include large-scale problems like climate change, overpopulation, resource depletion, and pollution. The solution is to find a balance between these two fields of knowledge. Natural resources are essential inputs for production in many sectors, while production and consumption also lead to pollution and other pressures on the environment. Poor environmental quality in turn affects economic growth and wellbeing by lowering the quantity and quality of resources or due to health impacts, etc. It is evident that development and environmental protection are inextricably linked, and that one is the natural polar opposite of the other. It's because a country's development is dependent on utilizing its environment and resources, but environmental protection certainly slows down the rate of development. We now know, through the experiences of both developed and developing countries, that economic growth can complement environmental conservation and transitioning to a low-carbon economy can go hand-in-hand with increased access to economic opportunity and higher levels of well-being. EDCs are caused by the unfair distribution of environmental costs and benefits. These conflicts arise from social inequality, contested claims over territory, the proliferation of extractive industries, and the impacts of the economic industrialization over the past centuries. For many years one of the predominant conventional wisdoms in both business and policymaking circles was that cutting greenhouse gas (GHG) emissions necessitates a sacrifice in economic growth. Increase in GDP leads to increase in material and energy use, and therefore to environmental unsustainability. There is an uncomfortable scientific truth that has to be faced: economic growth is environmentally unsustainable. Technology and market based solutions are not magic bullets. Economic growth will be undermined without adequate environmental safeguards, and environmental protection will fail without economic growth. The earth's natural resources place limits on economic growth.Economic policies such as rationalization of price subsidies, the clarification of property rights, facilitation of technology transfer may help in achieving environmental sustainability.