Years on from the 1987 Brundtland Report, it has become clear that formidable challenges confront policy makers who have publicly stated their commitment to the goal of sustainable development. This text provides an account of the progress made in fleshing out these issues

In this paper, we explain how the latest international handbook on environmental accounting, the System of Integrated Environmental and Economic Accounting or SEEA (United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development and World...

This timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be achieved. Twenty years on from the publication of the seminal Brundtland Report, it has become clear that formidable challenges confront policy...

Genuine saving measures net investment in produced, natural and human capital. It is a necessary condition for weak sustainable development that genuine saving not be persistently negative. However, according to data provided by the World Bank, resource-rich countries are systematically failing...

Genuine Savings (GS) is an established measure of weak sustainability (WS). It can be shown with the help of a dynamic optimisation model that an economy with persistently negative GS cannot be weakly sustainable. This article presents the main conclusion that follows from empirical estimates of...