It’s long seemed as if nations had to choose between the two. Researchers at the World Bank think they have found a way, and today we want to explain how. “Suppose you were to use all the resources that you have efficiently and properly, and allocate those resources efficiently and properly. How much could you produce?” said Richard Damania, chief economist at the bank’s sustainable development practice group. It gets to the heart of the World Bank’s challenge as its new leader, Ajay Banga, seeks to bend the institution’s considerable capital toward curbing climate change and averting mass extinctions.

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Persons: ”, Richard Damania, Ajay Banga Organizations: Bank, Natural