The book is meant to improve our understanding of sustainable
development of production and consumption. Monetary values of the
impact of emission and resources are determined, and used in
environmental management, with a focus on sustainability. Values
related to cultural context are not possible to predict, therefore
ignored. The book only focuses on environmental goods and services
that are used to satisfy basic human needs. One of the benefits of
monetary valuation is its holistic approach. The impact of any
contributing factor on the total value, can be determined, and the
sensitivity to uncertainty in inputs can be estimated. This is
useful in developing knowledge, where it is most needed. In a
society, there are many economic units which need to function in
tandem to support human welfare. Each unit has its own system
boundary in what it includes and covers in time and space. The
system boundary of a sustainable unit is likely to be very long and
wide. This book provides data on long term monetary values of
environmental impacts from human activities. It discusses the
choice of system boundaries, and how to use monetary values in
sustainable development. A large part of the book describes impact
models in terms of the relation between emissions and natural goods
and services.
General
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