| Description |
1 online resource (209 pages) |
| Series |
Blueprint Series |
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Blueprint (Series)
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| Contents |
Cover; Half Title; Title Page; Copyright Page; Table of Contents; PREFACE; 1. INTRODUCTION; The idea of sustainable development; Sustainable development as a bequest to the future; Economy and environment; Valuing the environment; Anticipatory and reactive environmental policy; The challenge of global pollution; Natural adaptation; Policy response; Summarizing the sustainable development approach to environmental policy; Growth versus the environment?; 2. THE MEANING OF SUSTAINABLE DEVELOPMENT; Economic development, development and economic growth; Environment, development and growth |
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Sustainable developmentSustainable development and the environment; Sustainable development as non-declining wealth; Sustainable development as non-declining natural wealth; Sustainability as resilience; Various meanings of constant capital stock; Importing and exporting sustainability; Conclusions on the meaning of sustainable development; 3. VALUING THE ENVIRONMENT; Economics and environmental values; The uses of monetary measures; Monetary value of national environmental damage and benefits; Total economic value; Total economic value and decision-making; Direct and indirect valuation |
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The hedonic price approachExamples of hedonic price estimates of environmental quality; Contingent valuation; Travel-cost approaches; More on existence value; Empirical measures of option and existence value; Conclusions on valuing the environment; ANNEX: DIFFICULTIES IN THE APPLICATION OF ESTIMATION TECHNIQUES; 4. ACCOUNTING FOR THE ENVIRONMENT; Environmental accounting: the physical approach; Environmental accounting: the monetary approach; Environmental accounting: a physical or monetary approach?; The treatment of environmental accounts in the United Kingdom |
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Conclusions and recommendations5. PROJECT APPRAISAL; The basic analytics of project appraisal; Valuing environmental damage; An additional approach to project appraisal: integrating sustainability into cost-benefit analysis; Conclusions; 6. DISCOUNTING THE FUTURE; The nature of discounting; Discounting and the environment; The environmentalist critique of discounting; Conclusions on ""environmental critiques"" of discounting; Discounting and natural resources; Should discount rates be adjusted because of environmental concern?; Conclusions |
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7. PRICES AND INCENTIVES FOR ENVIRONMENTAL IMPROVEMENTLevels of the economy at which sustainable development incentives are required; Markets and prices; The proper pricing of products and services; Making the polluter pay; Who is the polluter?; Sustainable development and the PPP; What are market-based incentives?; A carbon tax; The proper pricing of natural resources; Integrative environmental policy and market-based incentives; Incentives and energy conservation; Conclusions on pricing for sustainable development; ANNEX: SUSTAINABLE DEVELOPMENT -- A GALLERY OF DEFINITIONS; INDEX |
| Summary |
This report has been prepared by the London Environmental Economics Centre (LEEC). LEEC is a joint venture, established in 1988, by the International Institute for Environment and Development (IIED) and the department of Economics of University College London (UCL). Popularly known as The Pearce Report, this book is a report prepared for the Department of the Environment. It demonstrates the ways in which elements in our environment at present under threat from many forms of pollution can be costed. The book goes on to show ways in which governments are able, as a consequence of this analysis |
| Notes |
Print version record |
| Subject |
Economic development -- Environmental aspects.
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Sustainable development.
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Environmental impact charges.
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Environmental policy.
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sustainable development.
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environmental policy.
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BUSINESS & ECONOMICS -- Real Estate -- General.
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Economic development -- Environmental aspects
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Environmental impact charges
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Environmental policy
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Sustainable development
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| Form |
Electronic book
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| Author |
Markandya, Anil, 1945-
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Barbier, Edward, 1957-
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| ISBN |
9781134158225 |
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113415822X |
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