Test 1 : Sectoral sustainability, theoretical background Flashcards
What is the Bruntland Commission’s definition of sustainable development?
“Development that meets the needs of present generations without compromising the ability of future generations to meet their own needs” (1987).
According to Asheim (1994), what is the requirement for sustainable development?
The requirement for our generation is to manage the resource base in a way that ensures the average quality of life for ourselves can potentially be shared by all future generations.
Why is it difficult to create a single answer for what sustainable development means?
Sustainable development has different meanings to different people and there are multiple aspects to it.
When did sustainable development become a political buzzword?
Since the Rio Conference in 1992.
What are the resources needed for sustainable development?
The resources needed for sustainable development include man-made or produced capital (Km), human capital (Kh), natural capital (Kn), and social capital (Ks).
What is the formula for calculating the total capital stock needed for sustainable development?
K = Km + Kh + Kn + Ks.
What is weak sustainability?
Weak sustainability is the rule that the real value of the total capital stock (K) should be non-declining. The run down of natural capital is allowed as long as man-made capital is increased sufficiently.
What is strong sustainability?
Strong sustainability is the rule that the stock of natural capital (Kn) has to be prevented from declining. Reductions in Kn cannot be substituted for by increases in other forms of capital (Norton and Toman, 1997).
Term: Levels of SD
Definition: Refers to the different levels at which sustainable development can be achieved, including global, macroregional (such as the European Union), national, and local/microregional levels.
Term: NFFS
Definition: The National Framework Strategy on Sustainable Development in Hungary, which outlines goals and strategies for promoting sustainability in various areas.
Term: Human capital
Definition: Refers to the knowledge, skills, and abilities of individuals that contribute to economic productivity and growth.
Term: Natural capital
Definition: Refers to the natural resources and ecosystems that provide goods and services essential to human well-being, such as air, water, and biodiversity.
Term: Social capital
Definition: Refers to the networks, norms, and social relationships that facilitate cooperation and coordination among individuals and groups.
Term: Ecological Footprint (EF)
Definition: A measure of human demand on nature, representing the amount of biologically productive land and sea area required to produce the resources consumed by humans and absorb the waste produced.
Term: Biocapacity
Definition: Refers to the amount of biologically productive land and sea area available to support human activities and absorb the waste produced.