"Acknowledged as the organization that got environmental and resource economics off the ground in the '50s and '60s, RFF remains highly influential and productive in the field of research, and continues as a leader in effective interface with the policy process and in capacity building. Particularly in the U.S.A., RFF invented the field as a serious contributor to policy choices, and key driver of market-based environmental policy.
"RFF has pioneered the application of economics as a tool to develop more effective policy about the use and conservation of natural resources. Its scholars continue to analyze critical issues concerning pollution control, energy and transportation policy, land and water use, hazardous waste, climate change, biodiversity, ecosystem management, public health, and the environmental challenges of developing countries."
In accepting the award, RFF President Phil Sharp expressed the institution's deep gratitude and emphasized the important role that resource and environmental economics plays in helping address global challenges. RFF will use its share of the prize to support further research and continue its tradition of objective analysis.
Source: Resources for the Future
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