1. Introduction
The world has ushered in an era of rapid growth of economies and on-going process of global integration. It implies a growing degree of interdependence among economies and societies through cross country flows of capital, information, products, services, culture, technologies and labour (Panayotou 2000). There is no doubt that the globalization brings a lot of advantages. The global commercial market becomes so flexible due to the advent of globalization that transactions of international companies that are not restricted to geographical borders of the countries. It enhances free international trade among countries across the world, enables the flow of capital to the invested on the untapped resources of the developing countries, and also reduces cultural blockages and differences among nations by encouraging fellow-feeling and mutual compassion (Advantages of Globalization 2009).
However rapid economic growth has been accompanied by severe environmental degradation, because economic development results in more raw materials are required to meet the need of industries and markets. People were dazzled by the immediate benefits, but serious environmental problems are neglected which actually caused by repaid economic development. Land resources are shrinking because of the industrial development and the expansion of cities. Deserts are spreading because of over grazing, tree cutting and strip mining. The air and water supplies are being polluted by poisonous gasses and waste products (Panayotou 2000). Both developed and developing countries have had similar experiences. People have to face to those problems in their real life and seeking the solutions to relieve and protect the environment. Understanding the linkage between globalization and environment is the most basic part for people to realize that not only does globalization impact the environment, but the