Concludes that the most crucial element is a greater awareness of the effects and possible effects economic development has on the environment and human well being. Annotation copyrighted by Book News, Inc. This book is about development and measuring development progress. While precise definitions may vary, development is, at heart, a process of building wealth, the produced, natural, human, and institutional capital which is the source of income and wellbeing.
Divided into 2 major parts, coverage includes a big picture of changes in wealth by income group and geographic region as well as case studies in wealth accounting and how it is being implemented in various countries.
First Published in Multiple well-known authors share their expertise in order to give a broad perspective of this issue from a chemical and environmental engineering perspective. This mathematical, quantitative book includes many case studies to assist with the practical application of environmental and sustainability methods.
Readers learn how to efficiently assess and use these methods. This book summarizes all relevant environmental methodologies to assess the sustainability of a product and tools, in order to develop more green products or processes. With life cycle assessment as its main methodology, this book speaks to engineers interested in environmental impact and sustainability.
Helps engineers to assess, evaluate, and measure sustainability in industry Provides workable approaches to environmental and sustainability assessment Readers learn tools to assess the sustainability of a process or product and to design it in an environmentally friendly way. The papers in this conference proceedings address the various conceptual, measurement and statistical policy issues that arise when applying accounting frameworks to the concept of sustainable development. Author : K.
Hamilton,Kirk Hamilton,G. This important book presents fresh thinking and new results on the measurement of sustainable development. Economic theory suggests that there should be a link between future wellbeing and current wealth. This book explores this linkage under a variety of headings: population growth, technological change, deforestation and natural resource trade.
While the relevant theory is presented briefly, the chief emphasis is on empirical measurement of the change in real wealth: this measure of net or genuine saving is a key indicator of sustainable development. The methodological and empirical work is bolstered by tests of the predictive power of genuine saving in explaining future consumption and economic growth. Just as importantly, the authors show that many resource-abundant countries would be considerably wealthier today had they managed to save and invest the profits from natural resource exploitation in the past.
Wealth, Welfare and Sustainability will be of great interest to environmental and resource economists, specialists in sustainability indicators from other disciplines and also development and growth economists.
This manual gives a complete, detailed and up-to-date description of the Eurostat-OECD PPP Programme, including its organisation, the various surveys carried out by participating countries and the ways PPPs are calculated and disseminated. It also provides guidance on the use of PPPs. Author : Md. This book highlights various methods for quantifying sustainability indicators using different indices.
To date, numerous sustainability indicators encompassing either all three pillars economic, environmental and social or individual or joint indicators e. In addition to commonly developed indicators, which can be utilized for any industrial sector, sector-specific sustainability indicators are frequently used. Behind each indicator developed, there is a unique scientific model, method or assessment technique.
This book explores and elaborates on such indicators, and on associated details such as the concept, development methodology, assessment technique, and applications of each indicator. Author : I. Written for a broad audience of scientists, students, and environmentalists, it reflects the growing recognition that current patterns of economic and social development are not sustainable, and that if science is to offer ways of living within the constraints of our ecological systems, alternative paths of ecologically sound economic development must be found.
Beginning with simple definitions and principles of sustainable development, it then covers the historical context of Scotland, from the Highland clearances to the present oil-rich days. It continues with examples of measuring sustainable development, environmental indicators, economic and sociopolitical measures in other countries. This is followed by a time series analysis for Scotland, outlining the natural limits to development, the theory of sustainable corridors, and alternative approaches.
The authors explain the mathematics of systems dynamics and economic modelling of sustainable development policies. The work concludes with the forward-looking chapter, "Towards sustainable societies. Author : Joseph E. If we focus only on material well-being—on, say, the production of goods, rather than on health, education, and the environment—we become distorted in the same way that these measures are distorted.
Stiglitz A consensus has emerged among key experts that our conventional economic measures are out of sync with how most people live their lives. GDP, they argue, is a poor and outmoded measure of our well-being. Krueger, and Joseph E. Stiglitz, describe a range of fascinating metrics—from economic insecurity and environmental sustainability to inequality of opportunity and levels of trust and resilience—that can be used to supplement the simplistic measure of gross domestic product, providing a far more nuanced and accurate account of societal health and well-being.
This groundbreaking volume is sure to provide a major source of ideas and inspiration for one of the most important intellectual movements of our time. Bachelor Thesis from the year in the subject Economics - Other, grade: 1,3, University of Applied Sciences Dortmund, language: English, abstract: Do well-known indicators really reflect what they are supposed to? GDP is currently one of the most important indicators of our economy and is considered a proxy of economic health and standard of living of a country.
However, the measure poses problems in terms of the appropriate portrayal of genuine progress. This thesis aims at proposing alternative measures which represent sustainable development in an improved way over GDP. Thereby, the economic, social and ecological dimensions of sustainable development form the basis of examination. In the first place, GDP is examined for its suitability as a progress indicator. Quantifying sustainability efforts is often viewed as challenging, given limited data availability, the time and costs involved to conduct credible analysis, and the lack of widespread experience with this approach.
Our research has found that embedded sustainability drives financial performance through mediating factors such as innovation, operational efficiency, risk reduction, employee recruitment, engagement and retention, customer and supplier loyalty, competitive advantage, reduced cost of capital, and improved marketing and sales.
These values can be estimated credibly and cost-effectively, and we set about applying them to the Brazilian beef sector. The Betty and Gordon Moore Foundation provided partial funding for the research. Shortly after we completed this study, a major scandal erupted in the Brazilian beef sector, with JBS and others implicated in bribing government officials to pass expired beef.
Separately, JBS was found to have been sourcing beef from non-deforestation-free areas. Since the Brazilian government, slaughterhouses, retailers, and NGOs have made a concerted effort to reduce deforestation, with public authorities responsible for satellite monitoring of the rain forest.
The government agricultural agency teamed up with NGOs to work with ranchers on sustainable agriculture practices, which focused on no deforestation, more cattle per hectare, reforestation, managing water, biodiversity, soil conservation, reducing waste, and helping to improve the welfare of workers and animals.
Our team worked with the value chain actors listed above to assess the financial benefits of sustainable and deforestation-free practices through research, data analysis, and interviews conducted over a four-month timeframe.
The main finding from our study is that sustainability practices lead to improved profitability across the value chain. The uptake of sustainable agricultural practices provided the most financial benefit, while the uptake of deforestation-free commitments reduced risk.
Ranches in the Amazon currently have fewer than one cow per hectare on average; sustainable intensification methods can increase that to three or more by using fencing, rotation, and other methods to increase the number of cows while decreasing the land use impacts. In addition, the cattle raised under this system are larger and higher quality than animals raised using standard practices, and can command a higher price at the slaughterhouse. These and other benefits translate into better cost management, agricultural innovation, and increased land productivity and quality.
Novo Campo, a program launched in by ICV, helps local ranchers produce sustainable and deforestation-free beef. Cost-wise, the ranchers are: 1 reducing the costs of inputs such as fertilizers through better management; 2 reducing the cost per kg produced through better agricultural techniques such as pasture recuperation, water distribution, fencing and rotation of pasture; and 3 eliminating the need to lease additional land for production through sustainable intensification more cattle per hectare.
All of these changes led to big gains for ranchers, who experienced an increase in productivity of 2. Profitability was up by 6. Morale also improved, as ranchers saw these improvements in quality and productivity as a source of pride, stability, and competitive advantage.
Both are positioned to benefit through revenue increases, risk reduction, reduced cost of capital, and talent enhancement better retention, engagement, and recruitment. Consumer-facing brands such as these are the most vulnerable to reputational risk. Social media makes supply chains transparent, and consumers will hold the retailers responsible more than ranchers or slaughterhouses.
Therefore, retailers are requiring their suppliers to demonstrate compliance with deforestation-free commitments. These estimates are based on publicly available information and assumptions documented in more detail in the full report, and not any actual data, targets or projections of the companies. This case study found that, in the case of beef production in the Amazon, embedded sustainability does improve financial performance through mediating factors such as innovation, operational efficiency, risk reduction, employee recruitment, engagement and retention, customer and supplier loyalty, competitive advantage, reduced cost of capital, and improved marketing and sales.
Our results reflect assumptions we made based on previous research and analysis; the data has not been fully validated by the supply chain actors themselves. Data for the ranchers was much easier to obtain than data for the slaughterhouses and retailers. Therefore, we used publicly available information and wider use of assumptions for the latter.
However, we believe the analysis provides useful insights into the value created by sustainable and deforestation-free ranching and, just as important, a methodology that all supply chain actors can use.
First, based on our framework Sustainable Business Benefits at the Firm Level , we identified and selected for deeper consideration a list of potential benefits of adopting sustainable and deforestation-free practices across the different players in the supply chain.
Second, we designed a method to quantify those benefits and ascribe a monetary value to them. While this is an oversimplification, it basically boils down to: analyzing the drivers of improved performance through adoption of sustainable practices; identifying significant benefits for each supply chain actor based on each of the overarching drivers; quantifying the results; and assigning a dollar value.
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