Monday January 21 2008
http://www.guardian.co.uk/science/2008/jan/21/environmental.debt1 
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The environmental damage caused to developing nations by the world's richest countries amounts to more than the entire third world debt of $1.8 trillion, according to the first systematic global analysis of the ecological damage imposed by rich countries.
The study found that there are huge disparities in the ecological footprint inflicted by rich and poor countries on the rest of the world because of differences in consumption. The authors say that the west's high living standards are maintained in part through the huge unrecognised ecological debts it has built up with developing countries.
"At least to some extent, the rich nations have developed at the expense of the poor and, in effect, there is a debt to the poor," said Prof Richard Norgaard, an ecological economist at the University of California, Berkeley, who led the study. "That, perhaps, is one reason that they are poor. You don't see it until you do the kind of accounting that we do here."
Using data from the World Bank and the UN's Millennium Ecosystem Assessment, the researchers examined so-called "environmental externalities" or costs that are not included in the prices paid for goods but which cover ecological damage linked to their consumption. They focused on six areas: greenhouse gas emissions, ozone layer depletion, agriculture, deforestation, overfishing and converting mangrove swamps into shrimp farms.
The team calculated the costs of consumption in low, medium and high income countries, both within their borders and outside, from 1961 to 2000. The team used UN definitions for countries in different income categories. Low income countries included Pakistan, Nigeria and Vietnam, and middle income nations included Brazil and China. Rich countries in the study included the UK, US and Japan.