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Author Ang, F.; Van Passel, S.
Title Beyond the environmentalist's paradox and the debate on weak versus strong sustainability Type A1 Journal article
Year (down) 2012 Publication Bioscience Abbreviated Journal Bioscience
Volume 62 Issue 3 Pages 251-259
Keywords A1 Journal article; Economics; Engineering Management (ENM)
Abstract Environmentalists generally argue that ecological damage will (eventually) lead to declines in human well-being. From this perspective, the recent introduction of the “environmentalist's paradox” in BioScience by Raudsepp-Hearne and colleagues (2010) is particularly significant. In essence, Raudsepp-Hearne and colleagues (2010) claimed that although ecosystem services have been degraded, human well-being-paradoxically-has increased. In this article, we show that this debate is in fact rooted in a broader discussion on weak sustainability versus strong sustainability (the substitutability of human-made capital for natural capital). We warn against the reductive nature of focusing only on a stock flow framework in which a natural-capital stock produces ecosystem services. Concretely, we recommend a holistic approach in which the complexity, irreversibility, uncertainty, and ethical predicaments intrinsic to the natural environment and its connections to humanity are also considered.
Address
Corporate Author Thesis
Publisher Place of Publication Editor
Language Wos 000301561900008 Publication Date 2012-03-07
Series Editor Series Title Abbreviated Series Title
Series Volume Series Issue Edition
ISSN 0006-3568 ISBN Additional Links UA library record; WoS full record; WoS citing articles
Impact Factor 5.378 Times cited 17 Open Access
Notes ; We thank three anonymous reviewers for their helpful comments. This aiticle has benefited considerably from interesting discussions (especially with Liesbet Vranken) at the 13th Belgian PhD Symposium of Agricultural and Natural Resource Economics, Brussels, on 27 April 2011. We are grateful for the financial support of the European Fund for Regional Development project 475, Closing the Circle. ; Approved Most recent IF: 5.378; 2012 IF: 4.739
Call Number UA @ admin @ c:irua:127559 Serial 6160
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Author Ang, F.; Van Passel, S.
Title The sustainable value approach : a clarifying and constructive comment Type A1 Journal article
Year (down) 2010 Publication Ecological Economics Abbreviated Journal Ecol Econ
Volume 69 Issue 12 Pages 2303-2306
Keywords A1 Journal article; Economics
Abstract Recently, the original benchmarking methodology of the Sustainable Value approach became subjected to serious debate. While Kuosmanen and Kuosmanen (2009b) critically question its validity introducing productive efficiency theory, Figge and Hahn (2009) put forward that the implementation of productive efficiency theory severely conflicts with the original financial economics perspective of the Sustainable Value approach. We argue that the debate is very confusing because the original Sustainable Value approach presents two largely incompatible objectives. Nevertheless, we maintain that both ways of benchmarking could provide useful and moreover complementary insights. If one intends to present the overall resource efficiency of the firm from the investor's viewpoint, we recommend the original benchmarking methodology. If one on the other hand aspires to create a prescriptive tool setting up some sort of reallocation scheme, we advocate implementation of the productive efficiency theory. Although the discussion on benchmark application is certainly substantial, we should avoid the debate to become accordingly narrowed. Next to the benchmark concern, we see several other challenges considering the development of the Sustainable Value approach: (1) a more systematic resource selection, (2) the inclusion of the value chain and (3) additional analyses related to policy in order to increase interpretative power.
Address
Corporate Author Thesis
Publisher Place of Publication Editor
Language Wos 000283700900001 Publication Date 2010-07-30
Series Editor Series Title Abbreviated Series Title
Series Volume Series Issue Edition
ISSN 0921-8009; 1873-6106 ISBN Additional Links UA library record; WoS full record; WoS citing articles; WoS full record; WoS citing articles
Impact Factor 2.965 Times cited 18 Open Access
Notes ; ; Approved Most recent IF: 2.965; 2010 IF: 2.754
Call Number UA @ admin @ c:irua:136760 Serial 6258
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