29 research outputs found
Modelling sustainability performance to achieve absolute reductions in socio-ecological systems
As the worldâs natural resources dwindle and critical levels of environmental pollution are approached, sustainability becomes a key issue for governments, organisations and individuals. With the consequences of such an issue in mind, this paper introduces a unifying approach to measure the sustainability performance of socio-economic systems based on the interplay between two key variables: essentiality of consumption and environmental impact. This measure attributes to every system a âfitnessâ value i.e. a quantity that reflects its ability to remain resilient/healthy by avoiding ecological, social and economic collapse as it consumes the available resources. This new measure is tested on a system where there is a limited supply of resources and four basic consumption types. The analysis has theoretical implications as well as practical importance as it can help countries, organisations or even individuals, in finding better ways to measure sustainability performance
Promoting integration and cooperation for sustainability views from the symposium held at UNESCO headquarters September 19, 2013
Green growth and pro-environmental behavior: Sustainable resource management using natural capital accounting in India
Genuine savings as a test of New Zealand weak sustainability
The key aims of this paper are to: (1) to extend the World Bankâs (WB) measure of genuine savings (GS) for New Zealand by using a longer time series of data, 1950â2015; (2) improve GS estimates for New Zealand by adding additional dimensions to GS, i.e. forestry; (3) investigate the relationship between several GS measures and the discounted values of GDP per capita and consumption per capita, used to proxy well-being; (4) test a series of hypotheses which relate GS to the change in future well-being using the framework proposed by Ferreira et al. (World Bank Econ Rev 22(2):233â248, 2008. https://doi.org/10.1093/wber/lhn008) and (5) investigate the effects of a growing population on the availability of future capital stocks by considering the consequences of âwealth-dilutionâ as defined by Ferreira et al. (2008). The paper makes a contribution to the literature on GS, particularly in the context of New Zealand, by considering patterns of GS and well-being over a longer time span of data than have been previously used and add to a relatively small, but growing literature on tests of GS using long or relatively long time-series data [see, e.g. Greasley et al. (J Environ Econ Manag 67(2):171â188, 2014. https://doi.org/10.1016/j.jeem.2013.12.001, Environ Dev Econ 22:674â98, 2017) and Hanley et al. (Enviro Resour Econ 63(2):313â338, (2016). https://doi.org/10.1007/s10640-015-9928-7]. We conclude, based on the data used here, that New Zealandâs GS has been positive (i.e. weakly sustainable), since the start of our data series, even without allowing for the contribution of technological advancement. However, we also conclude that the effects of a growing population and a savings gap have led to a âwealth-dilutionâ effect needed to maintain real wealth per capita, as we estimate that there was an average savings gap (GS as a percentage of gross national savings) over the period 1955â2015 of 0.5% per annum