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equity — English
In Geography, the term “equity” is used in connection with fairness, reasonableness and impartiality. The term is often used in environmental management in connection with environmental justice and in environmental impact assessments, environmental monitoring, environmental auditing, and so forth (see “environmental justice”, “environmental monitoring” and “environmental auditing”). These environmental actions should be fair and reasonable and not become witch-hunts. Nor should environmental impact assessments and analyses be unfair and disregard the interests and concerns of any interested and affected party (IAPs) (see “interested and affected parties” and ”environmental management”). Equity is extremely important in the environmental field as money so often gains the upper-hand over poverty, while the rich and the poor have an equal claim on a healthy and conducive environment. A forced removal of a poor community in order to build a golf course on their land is a crude – but unfortunately not uncommon – happening in our modern world. Is this fair, or reasonable? There is a second sense in which “equity” may be used in Geography and that is in economic geography when shares (on a stock exchange) are referred to.
