Globalisation and the environment Little of any long-term significance will be achieved in the conservation of the environment without support from the private sector.
Statistics illustrate the point.
Indeed, ODA from governments is generally decreasing. While this reduces the ability to deliver public goods, private concerns such as transnational corporations, banks and pension funds are unlikely to pick up the bill for public health and environmental infrastructure costs. This situation is exacerbated by the massive debt burden which affects developing countries, notably in Africa. Environmental protection is often one of the first things to be cut back to finance interest payments. Globalization is a concern at a number of levels.