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ka783
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Mind Map on SUSTAINABLE DEVELOPMENT, created by ka783 on 17/05/2016.

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ka783
Created by ka783 almost 9 years ago
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SUSTAINABLE DEVELOPMENTDevelopment andDefinitionConcept evolving for over40 years since the 1972UN Conference on theHuman Environment(Stockholm)1987: World Commission on Environment andDevelopment, chaired by the Prime Minister ofNorway: Gro Harlem Brundtland, report: "OurCommon Future" or the Brundtland ReportKey References: Rogers, Jalal and Boyd 2008 "AnIntroduction to Sustainable Development"landmarkdocumentcreating separately existingenvironmental institutions is notenough because env issues are anintegral part of all developmentpoliciesEnv issues are crucial to economicconsideration as part of energydecisions, social issues anddevelopment work1992 UN Conference of Environment andDevelopment, Rio de Janeiro - The Earth Summit:Endorsed "Agenda 21" a "Thinkpiece" and program of actiongoverning human activities withimpact on the environmentFinalised the UN Climate Change Convention and BiodiversityConvention, signed my many heads of statesresponsible for the ratification of the KyotoProtocolIt's Clean Development Mechanism:designed in part to assist participatingdeveloping countries in achievingsustainable development2002 Wold Summiton SustainableDevelopment, headsof state and worldleaders committedto implementAgenda 21Since it gainedprominence, itsdefinition anddescription hasvariedGained recognition alongside otherrelated issues e.g. conservation,ecosystem services and socialconcernsHas to evolve and beadapted to the real world:for all sectors includingfinance, investors,economists and tradersSD Projects need tobe:1) Economically and FinanciallyViable2) EnvironmentallySound3) Take into account SocialIssues4) Governed & SupportedAppropriately"Sustained human progress not just in afew places for a few years, but for theentire planet into the distant future"Originated with quantities such asMSY - working at the maximums -but this is not necessarilysustainable in the long termBrundtland Report 1987: development that meets the needs of thepresent without compromising the ability of future generations to meettheir own needsReppetto, R. 1986 "the core idea of sustainability is that currentdecisions should not impair the prospects for maintaining orimproving future living standards. This implies that our economicsystems should be managed so that we can live off the dividendsof our reourses"Daly, H.E. 1987 "increase in moralknowledge or ethical capital for mankind"Munasinghe, M. 1993: 3 approaches to SD - the triple bottom line1) economic - maximising income while maintaining a constant or increasingstock of capital2) ecological - maintaining resilience and robustness of biological andphysical systems3) social-cultural - maintaining stability of social and culturalsystemsAchievabilityMeasuring EnvironmentalQuality (Rogers and Jalal et al.1997): "9 ways to achievesustainability"1) Leave/Returneverything in a pristinestate2) Develop without overwhelming thecarrying capacity of the system3) Sustainability will take care of itselfas economic growth proceeds: KuznetsCurve4) Polluter and victim canarrive at an efficient solutionthemselves (Coase)5) Let the markets take careof it - the invisible hand6) Internalise theExternalities7) National economic accountingsystems should reflect defensiveexpenditures - accounting shouldconsider resources8) Reinvest rents for nonrenewable resources - strong andweak sustainability9) Leave future generations theoptions or the capacity to be as welloff as we arewhat is the globes carryingcapacity?If it is exceeded - whatnext?continuously degrading systemwith development of populationsCan work well on a smallscale - national or global?Transaction costs highPrices on pollution and permits on pollution tradingHow to value and quantifyexternalities for economic analysis?GDP is benefited by pollutionand resource use: indicatesexpenditureslarge oil companies areinvesting profits intorenewable technologiesCan we continue toprogress and improve?How do we ensure it?National Income redefined as: "sustainable social net product" (Sir John Hicks)Savings, as a % of GDP, should be greater to or equal to the sum ofthe depreciation of human knowledge plus the depreciation ofhuman-made capital plus the depreciation of natural capitalStrong sustinability requires EACH to increase or remain constant over time,Weak just requires SUM to increase or remain constantLife - Cycle Analysiscan prove the sustainability of small lifestyle choiceslook at raw materials, production and disposal (potential heat recovery) / reusabilityEnvironmental impacts: pollution, emissions, raw materials, utilities e.g. electricityimperative to achieve SD to consider environmentalconcerns, new legal requirement, economic and social costsConsiderationspopulation growth, consumption, production, pollution, effects of legalrequirements, poverty, international law and environmental agreementsused to gauge success of projectspoverty, population, inequality, pollution, policy and market failures,prevention and management of natural disastersEnvironmental Degradation and PovertyThe two cycles need to be broken if developmentis to be sustainableGood GovernanceAccountability - answerable for their actions and behaviourParticipation & Decentralisation -involvement of stakeholders andredistribution away from a centralorganisation - to local governancePredictability - laws, regulations and policies must be fair andconsistently applied so that people can predict theconsequences and outcomes of violating themTransparency - info on governmentactions and policies before and afteraction, must be available to thegeneral publicDouble click this nodeto edit the textClick and drag this buttonto create a new node