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This paper suggests ways of matching economic policies with their environmental outcomes so as to illuminate the alternatives available to policy-makers with respect to environmental enhancement. It offers a way to measure the cost of an environmental enhancement strategy. The paper also sets out a menu of policies, their effects on the environment and their costs. It avoids suggesting which of the alternatives is preferable. Lastly, the paper focuses on specific areas of current importance where Caribbean policy-makers have a choice: water quality, coastal and marine ecology, waste disposal and energy. (Prepared for presentation at the Seminar on Economic Policy and the Environment, St. Kitts, October 27-28, 1994