IDEAS home Printed from https://ideas.repec.org/p/agz/bpaper/2203.html
   My bibliography  Save this paper

From planetary emergency to regenerative economies - Accounting for nature in measures of sustainable development

Author

Listed:
  • Jana Stoever

    (Kiel University)

  • Andre Reichel

    (International School of Management (ISM) Stuttgart)

Abstract

Starting from a world in which resources have become scarce and planetary boundaries have been reached or exceeded, the paper discusses how these changes affect our understanding of (economic) progress and sustainable development. In doing so, the paper addresses three important points in the discussion on sustainability. Firstly, the question of "means" and "ends", secondly, the visualization of this reality in the measurement of sustainable development, taking into account the specific characteristics of the environment/nature, and thirdly, the question of whether a concept that maps "regenerative development" could be suitable to account for the current state of natural systemsthat have already exceeded their (planetary) limits.

Suggested Citation

  • Jana Stoever & Andre Reichel, 2022. "From planetary emergency to regenerative economies - Accounting for nature in measures of sustainable development," Basic Papers 3, Forum New Economy.
    • Handle: RePEc:agz:bpaper:2203
    as

    Download full text from publisher

    File URL: https://newforum.org/wp-content/uploads/2022/07/FNE-BP03-2022-1.pdf
    File Function: First version, 2022
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Piero Morseletto, 2020. "Restorative and regenerative: Exploring the concepts in the circular economy," Journal of Industrial Ecology, Yale University, vol. 24(4), pages 763-773, August.
    2. Baumgärtner, Stefan & Quaas, Martin, 2010. "What is sustainability economics?," Ecological Economics, Elsevier, vol. 69(3), pages 445-450, January.
    3. Barbier, Edward B., 2013. "Wealth accounting, ecological capital and ecosystem services," Environment and Development Economics, Cambridge University Press, vol. 18(2), pages 133-161, April.
    4. Neumayer, Eric, 2001. "The human development index and sustainability -- a constructive proposal," Ecological Economics, Elsevier, vol. 39(1), pages 101-114, October.
    5. Barbier, Edward B. & Burgess, Joanne C., 2017. "The sustainable development goals and the systems approach to sustainability," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 11, pages 1-23.
    6. Dasgupta, Partha & Mäler, Karl-Göran, 2000. "Net national product, wealth, and social well-being," Environment and Development Economics, Cambridge University Press, vol. 5(1), pages 69-93, February.
    7. David Griggs & Mark Stafford-Smith & Owen Gaffney & Johan Rockström & Marcus C. Öhman & Priya Shyamsundar & Will Steffen & Gisbert Glaser & Norichika Kanie & Ian Noble, 2013. "Sustainable development goals for people and planet," Nature, Nature, vol. 495(7441), pages 305-307, March.
    8. Michela Nardo & Michaela Saisana & Andrea Saltelli & Stefano Tarantola & Anders Hoffman & Enrico Giovannini, 2005. "Handbook on Constructing Composite Indicators: Methodology and User Guide," OECD Statistics Working Papers 2005/3, OECD Publishing.
    9. World Bank, 2011. "The Changing Wealth of Nations : Measuring Sustainable Development in the New Millennium," World Bank Publications - Books, The World Bank Group, number 2252.
    10. Amartya Sen, 2013. "The Ends and Means of Sustainability," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 14(1), pages 6-20, February.
    11. Hickel, Jason, 2020. "The sustainable development index: Measuring the ecological efficiency of human development in the anthropocene," Ecological Economics, Elsevier, vol. 167(C).
    12. Ortrud Lessmann & Felix Rauschmayer, 2013. "Re-conceptualizing Sustainable Development on the Basis of the Capability Approach: A Model and Its Difficulties," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 14(1), pages 95-114, February.
    13. Dasgupta, Partha, 2001. "Human Well-Being and the Natural Environment," OUP Catalogue, Oxford University Press, number 9780199247882.
    14. Johan Rockström & Will Steffen & Kevin Noone & Åsa Persson & F. Stuart Chapin & Eric F. Lambin & Timothy M. Lenton & Marten Scheffer & Carl Folke & Hans Joachim Schellnhuber & Björn Nykvist & Cynthia , 2009. "A safe operating space for humanity," Nature, Nature, vol. 461(7263), pages 472-475, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Perrings, Charles, 2014. "Environment and development economics 20 years on," Environment and Development Economics, Cambridge University Press, vol. 19(3), pages 333-366, June.
    2. Nick Hanley & Louis Dupuy & Eoin McLaughlin, 2015. "Genuine Savings And Sustainability," Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 779-806, September.
    3. Kevin J. Mumford, 2016. "Prosperity, Sustainability and the Measurement of Wealth," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 3(2), pages 226-234, May.
    4. Louis Dupuy, 2012. "International Trade and Sustainability : A survey," Working Papers hal-00701426, HAL.
    5. Kirk Hamilton & Esther Naikal, 2014. "Genuine saving as an indicator of sustainability," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 22, pages 336-347, Edward Elgar Publishing.
    6. Marco Setti & Matteo Garuti, 2018. "Identity, Commons and Sustainability: An Economic Perspective," Sustainability, MDPI, vol. 10(2), pages 1-12, February.
    7. Louis Dupuy, 2012. "International Trade and Sustainability: A survey," Larefi Working Papers 201201, Larefi, Université Bordeaux 4.
    8. Enrico Ivaldi & Guido Bonatti & Riccardo Soliani, 2016. "The Construction of a Synthetic Index Comparing Multidimensional Well-Being in the European Union," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 125(2), pages 397-430, January.
    9. Rintaro Yamaguchi & Moinul Islam & Shunsuke Managi, 2019. "Inclusive wealth in the twenty-first century: a summary and further discussion of Inclusive Wealth Report 2018," Letters in Spatial and Resource Sciences, Springer, vol. 12(2), pages 101-111, August.
    10. Jasper N. Meya & Stefan Baumgärtner & Moritz A. Drupp & Martin F. Quaas, 2020. "Inequality and the Value of Public Natural Capital," CESifo Working Paper Series 8752, CESifo.
    11. McGrath, Luke & Hynes, Stephen & McHale, John, 2019. "Augmenting the World Bank's estimates: Ireland's genuine savings through boom and bust," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    12. Luke McGrath & Stephen Hynes & John McHale, 2020. "Linking Sustainable Development Assessment in Ireland and the European Union with Economic Theory," The Economic and Social Review, Economic and Social Studies, vol. 51(2), pages 327-355.
    13. Yun, Seong Do & Hutniczak, Barbara & Fenichel, Eli P. & Abbott, Joshua K., 2016. "The Wealth of Ecosystems:Valuing Natural Capital in the Context of Ecosystem Based Management," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235737, Agricultural and Applied Economics Association.
    14. Koji Tokimatsu & Rieko Yasuoka & Masahiro Nishio & Kazuhiro Ueta, 2014. "A study on forecasting paths of genuine savings and wealth without and with carbon dioxide constraints: development of shadow price functions," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 16(3), pages 723-745, June.
    15. Demals, Thierry & Hyard, Alexandra, 2014. "Is Amartya Sen's sustainable freedom a broader vision of sustainability?," Ecological Economics, Elsevier, vol. 102(C), pages 33-38.
    16. Comim, Flavio & Hirai, Tadashi, 2022. "Sustainability and Human Development Indicators: A Poset Analysis," Ecological Economics, Elsevier, vol. 198(C).
    17. Jeroen C.J.M. van den Bergh & Miklós Antal, 2014. "Evaluating Alternatives to GDP as Measures of Social Welfare and Progress. WWWforEurope Working Paper No. 56," WIFO Studies, WIFO, number 47188.
    18. Jeroen C.J.M. van den Bergh, 2007. "Abolishing GDP," Tinbergen Institute Discussion Papers 07-019/3, Tinbergen Institute.
    19. Sievers-Glotzbach, Stefanie & Tschersich, Julia, 2019. "Overcoming the process-structure divide in conceptions of Social-Ecological Transformation," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
    20. Assa, Jacob, 2021. "Less is more: The implicit sustainability content of the human development index," Ecological Economics, Elsevier, vol. 185(C).

    More about this item

    Keywords

    Sustainable development; planetary boundaries; well-being; wealth; means and ends; social and economic progress; conservation & restoration; regeneration;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agz:bpaper:2203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Xhulia Likaj (email available below). General contact details of provider: https://edirc.repec.org/data/edagzus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.