ABSTRACT

The excessive pursuit of economic interests has resulted in severe environmental and social problems, such as climate change, biodiversity loss, and inequality and disparity. There is an urgent need for broader measures of progress to complement Gross Domestic Product (GDP). This book provides a wide range of economic evaluations of environmental and societal issues including climate change, emission problem from garbage landfills, and income inequality. The book explains that sustainability indicators and well-being measures can be effective guide for policy making and how they can strike a balance between economic, environmental, and societal interests.

This book summarizes current practices and theories of economic evaluation for sustainability and provides understanding of emerging trends in this area. It also stresses the importance of environmental policies and business actions in achieving sustainable growth and puts forth why countries should take natural capital and other conventional inputs into consideration.

chapter |4 pages

Introduction

chapter 3|34 pages

Sustainability evaluation for energy infrastructure

A hybrid simulation approach to inclusive wealth

chapter 8|30 pages

Environmental value of green spaces in Japan

An application of the life satisfaction approach

chapter 9|36 pages

Greenery and well-being

Assessing the monetary value of greenery by type

chapter 11|24 pages

Sustainable development and performance measurement

Global productivity decomposition

chapter 13|27 pages

National and subnational sustainability

A case study of Japan

chapter 16|13 pages

The impact of renewable energy on sustainability

Empirical analysis employing the Inclusive Wealth Indicator