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- Weak_and_strong_sustainability abstract "Although related subjects, sustainable development and sustainability are different concepts. Weak sustainability is the idea within environmental economics, which states that 'human capital' can substitute 'natural capital'. It is based upon the work of Nobel Laureate Robert Solow and John Hartwick,. Contrary to weak sustainability, strong sustainability assumes that \"human capital\" and \"natural capital\" are complementary, but not interchangeable.This idea received more political attention as sustainable development discussions evolved in the late 1980s and early 1990s. A key landmark was the Rio Summit in 1992 where the vast majority of nation-states committed themselves to sustainable development. This commitment was demonstrated by the signing of Agenda 21, a global action plan on sustainable development.Weak sustainability has been defined using concepts like human capital and natural capital. Human (or produced) capital incorporates resources such as infrastructure, labour and knowledge. Natural capital covers the stock of environmental assets such as fossil fuels, biodiversity and other ecosystem structures and functions relevant for ecosystem services. In very weak sustainability, the overall stock of man-made capital and natural capital remains constant over time. It is important to note that, unconditional substitution between the various kinds of capital is allowed within weak sustainability. This means that natural resources may decline as long as human capital is increased. Examples include the degradation of the ozone layer, tropical forests and coral reefs if accompanied by benefits to human capital. An example of the benefit to human capital could include increased financial profits. If capital is left constant over time intergenerational equity, and thus Sustainable Development, is achieved. An example of weak sustainability could be mining coal and using it for production of electricity. The natural resource coal, is replaced by a manufactured good which is electricity. The electricity is then in turn used to improve domestic life quality (e.g. cooking, lighting, heating, refrigeration and operating boreholes to supply water in some villages) and for industrial purposes (growing the economy by producing other resources using machines that are electricity operated.)Case studies of weak sustainability in practice have had both positive and negative results. The concept of weak sustainability still attracts a lot of criticism. Some even suggest that the concept of sustainability is redundant. Other approaches are advocated, including ‘social bequests’, which focus the attention away from neoclassical theory altogether.Strong sustainability assumes that the economic and environmental capital is complimentary, but not interchangeable. Strong sustainability accepts there are certain functions that the environment performs that cannot be duplicated by humans or human made capital. The ozone layer is one example of an ecosystem service that is crucial for human existence, forms part of natural capital, but is difficult for humans to duplicate.Unlike weak sustainability, strong sustainability puts the emphasis on ecological scale over economic gains. This implies that nature has a right to exist and that it has been borrowed and should be passed on from one generation to the next still intact in its original form.An example of strong sustainability could be the manufacturing of office carpet tiles from used car tyres. In this scenario, office carpets and other products are manufactured from used motorcar tyres that would have been sent to a landfill.".
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- Weak_and_strong_sustainability wikiPageRevisionID "706947638".
- Weak_and_strong_sustainability wikiPageWikiLink 1997_Asian_financial_crisis.
- Weak_and_strong_sustainability wikiPageWikiLink Agenda_21.
- Weak_and_strong_sustainability wikiPageWikiLink Category:Ecological_economics.
- Weak_and_strong_sustainability wikiPageWikiLink David_Pearce_(economist).
- Weak_and_strong_sustainability wikiPageWikiLink Developed_country.
- Weak_and_strong_sustainability wikiPageWikiLink Earth_Summit.
- Weak_and_strong_sustainability wikiPageWikiLink Ecological_economics.
- Weak_and_strong_sustainability wikiPageWikiLink Ecosystem_services.
- Weak_and_strong_sustainability wikiPageWikiLink Environmental_economics.
- Weak_and_strong_sustainability wikiPageWikiLink Governance.
- Weak_and_strong_sustainability wikiPageWikiLink Green_accounting.
- Weak_and_strong_sustainability wikiPageWikiLink Human_capital.
- Weak_and_strong_sustainability wikiPageWikiLink Intergenerational_equity.
- Weak_and_strong_sustainability wikiPageWikiLink Natural_capital.
- Weak_and_strong_sustainability wikiPageWikiLink Nauru.
- Weak_and_strong_sustainability wikiPageWikiLink Our_Common_Future.
- Weak_and_strong_sustainability wikiPageWikiLink Per_capita_income.
- Weak_and_strong_sustainability wikiPageWikiLink Robert_Solow.
- Weak_and_strong_sustainability wikiPageWikiLink Statoil.
- Weak_and_strong_sustainability wikiPageWikiLink Sustainability.
- Weak_and_strong_sustainability wikiPageWikiLink Sustainable_development.
- Weak_and_strong_sustainability wikiPageWikiLink Third_World.
- Weak_and_strong_sustainability wikiPageWikiLink World_Bank.
- Weak_and_strong_sustainability wikiPageWikiLink File:Nested_sustainability-v2.svg.
- Weak_and_strong_sustainability wikiPageWikiLinkText "Weak and strong sustainability".
- Weak_and_strong_sustainability wikiPageWikiLinkText "weak sustainability".
- Weak_and_strong_sustainability wikiPageUsesTemplate Template:Cleanup-rewrite.
- Weak_and_strong_sustainability wikiPageUsesTemplate Template:Reflist.
- Weak_and_strong_sustainability wikiPageUsesTemplate Template:See_also.
- Weak_and_strong_sustainability subject Category:Ecological_economics.
- Weak_and_strong_sustainability hypernym Concepts.
- Weak_and_strong_sustainability type Automobile.
- Weak_and_strong_sustainability type Subfield.
- Weak_and_strong_sustainability type Thing.
- Weak_and_strong_sustainability comment "Although related subjects, sustainable development and sustainability are different concepts. Weak sustainability is the idea within environmental economics, which states that 'human capital' can substitute 'natural capital'. It is based upon the work of Nobel Laureate Robert Solow and John Hartwick,.".
- Weak_and_strong_sustainability label "Weak and strong sustainability".
- Weak_and_strong_sustainability seeAlso Ecological_economics.
- Weak_and_strong_sustainability seeAlso Strong_sustainability.
- Weak_and_strong_sustainability sameAs Q7977963.
- Weak_and_strong_sustainability sameAs m.0hr4z8d.
- Weak_and_strong_sustainability sameAs Q7977963.
- Weak_and_strong_sustainability wasDerivedFrom Weak_and_strong_sustainability?oldid=706947638.
- Weak_and_strong_sustainability isPrimaryTopicOf Weak_and_strong_sustainability.