In 2015, Malawi became one of Africa’s first countries to impose a ban on plastic bags, following global concerns around the environmental damages caused by single-use plastics and joining a surge of policy instruments to deal with the issue in Africa. However, this led to a backlash from the business community, who argued in court that the ban would lead to economic costs and job losses, following which Malawi stopped implementing the Environment Management (Plastics) Regulations of 2015 in accordance with a court order.

Development largely depends on how given places participate in global economic processes. The contributions to this book address various features of the integration of sub-Saharan Africa into the world economy via value chains, so as to explain corresponding challenges and opportunities.

In this paper the authors use a series of credit and insurance simulation games to test the role of access to credit and insurance on magnitude and timing of farm technology uptake with small-scale farmers in South Africa. Using Cumulative Prospect Theory, they assess how insurance impacts technology uptake given risk preferences. Their findings suggest that risk aversion is linked to lower uptake of the insured technology. while loss averse farmers are more likely to adopt technology bundled with insurance.

SiriusXM Business Radio Powered by The Wharton School recently had a segment on the Cape Town water crisis.  Host Don Loney of the Knowledge@Wharton show discussed the current situation in Cape Town and what it tells us about the future of water in a changing climate with guests Carolyn Kousky of the Wharton Risk Center, Kevin Winter of the Unive

Martine Visser talks about Cape Town's water saving measures on a local radio station. 

When people are called upon to rally around a “public good” such as conserving water, they are more likely to do so if they believe they are working together to achieve a common goal. Despite the finger-pointing and appearance of panic in drought-stricken Cape Town, citizens in this apparently divided city are showing unprecedented levels of co-operation.

Effective sustainable natural resource management asks for an integrated approach to allow the involvement of actors in the management process. This paper intends to measure willingness to pay (WTP) and its determinants for watershed conservation, and then link it to the calculated costs of conservation.

A cross-sectional data from 200 households residing in Igunga town are analysed using the probit model. The key findings show that, on average, households are willing to pay TZS4,920 per month, which approximately equals TZS260m per year, for the entire number of

The degradation of any ecosystem services (ES) and the benefits human being enjoy from nature freely involve multifaceted processes such as those in-built environment.

The Cape Town Water Map is an innovative and somewhat controversial behavior‐modification tool implemented to reduce water use in a drought‐stricken region.

In the 2016–2018 drought, Cape Town almost ran out of municipal water.