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Valuation for Sustainable Development: Methods and Policy Indicators (Advances in Ecological Economics)
 
 
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Valuation for Sustainable Development: Methods and Policy Indicators (Advances in Ecological Economics) (Hardcover)

by Sylvie Faucheux (Editor), Martin O'Connor (Editor)
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Book Description
This new book develops an ecological-economics perspective on sustainability at the regional, national and international level. It explores prospects for sustainable development using methods firmly grounded in empirical reality, as well as emphasizing scientific, economic and socio-political concerns. This approach is based on the construction of non-monetary indicators for sustainability, and the application of cost-effectiveness analyses to identify robust alternatives for achievement of the specified policy norms. In calculating the requirements for sustainability the contributors attach importance to multiple criteria decision aid (MCDA) methods of analysis to evaluate the key components of sustainability and help assess the sustainability of a given project. Case studies of water pollutants in the Bretagne region in France and greenhouse gas reduction in Europe are used to investigate resource allocation from this perspective. The contributors utilize the M3ED model - a structural economy-environment simulation model which gives a multi-sectoral representation of a national economy's production, final consumption and environmental pressures - to explore feasible economic futures. It is applied to scenarios in France to demonstrate ways that prospects for sustainability can be investigated at a national level. The contributors compare and contrast these models with the aims of more typical neoclassical modeling in their search for the most effective measure of sustainability. This book will be of great interest to academics in the field of ecological and environmental economics and to policy makers and planners in government and industry.

About the Author
Sylvie Faucheux, Professor of Economic Science, University of Versailles, France

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