1.04 Sustainability Flashcards

1
Q

Characteristics of a sustainable system

A
  • diverse and productive
  • Able to survive change
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2
Q

Name four important factors for sustainability

A
  • Ecology
  • Politics
  • Global interdependence
  • Social responsibility
  • Economics
  • Environmental values
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3
Q

Natural capital

A

Stock of natural resources that provides a sustainable income of goods and services, which will be sustainable if managed wisely. Makes human life possible.

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4
Q

Natural income

A

Product from natural capital, e.g. timber, fish, plants.

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5
Q

Ecosystem services

A

Another form of natural income derived from natural capital, e.g. water purification and water recycling.

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6
Q

Sustainability

A

“Living within the means of nature.” Manage/use resources so that full natural replacement of “taken” resources can take place.

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7
Q

The view of a traditional economist on sustainable development

A

Sustainable development means a stable annual return on investment whatever the impact on the environment.

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8
Q

Common environmental view on sustainable development.

A

Sustainable development means stable return without environmental degradation.

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9
Q

Environmental Impact Assessments (EIAs)

A

Studies before a development project to assess the possible damage to the environment.

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10
Q

What are the EIAs purposes?

A

Make decision makers consider the consequences of their decisions.

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