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Our economies are linked to environmental services and resources, as evidenced by the effects of foreign direct investment (FDI) on natural resource depletion in developing
Our economies are linked to environmental services and resources, as evidenced by the effects of foreign direct investment (FDI) on natural resource depletion in developing nations (LDCs). Long, Stretesky, and Lynch (2017) discuss how FDI contributes to higher ecological withdrawals, emphasizing these countries' reliance on the natural resource sector for economic growth. This reliance not only accelerates resource depletion but also generates substantial natural resource rents, even with differences between resources. Such patterns highlight the economic dependency on environmental abuse, emphasizing the critical necessity for policies that address environmental challenges while taking into account their economic consequences. Policies intended to reduce the environmental effects of economic activity frequently come from national and international interactions, with the goal of balancing economic growth and environmental sustainability. For example, the investigation of natural resource management policies, particularly in LDCs, is critical to minimizing the negative consequences identified by Long et al. (2017). These programs must navigate the complications between promoting economic development and protecting the environment, ecological withdrawals while keeping financial benefits. International environmental challenges, such as oil spills, nuclear incidents, and air pollution, demand the cooperation of the government. These organizations develop policies that cross national borders, acknowledging the global character of
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