Over recent years Genuine Savings (GS) has emerged as an indicator for weak sustainability and predictor of socio-economic well-being. This paper presents the first long-term GS estimates for Norway, covering the period from 1865 until 2019. The preliminary results indicate unsustainable...

Sustainability tends to become in the new millennium the most important characteristic of economic and social development. The possibility to ensure economic development in the context of a reasonable use of raw materials, energy and natural resources in general and to decrease the impact of all...

Traditional measures of multi-factor productivity (MFP) growth generally do not recognise natural capital as inputs into the production process. Since productivity growth is measured as the residual between output and input growth, it will pick up the growth in unmeasured inputs, which can lead...

Different approaches to making the economic case for improved management of natural capital in national planning are reviewed in this report. In many low-income countries natural resources sectors (agriculture, mining, forestry, fishery, nature-based tourism) are identified as the engines of...

Ecosystems deliver value to people and the economy through ecosystem services. The Joint Research Centre of the European Commission has quantified the use of ecosystem services by the main economic sectors and households at EU level. In this paper, we downscaled the extraction of six ecosystem...

Current presentation introduces an analysis of the land use and current environmental situation of the Tian Shan region. Tian Shan (the ’Celestial Mountains’) is the largest high mountain systems (800,000 km2) in the World. geopolitically, Tian Shan is located in the heart of Central Asia....

The research examines aspects of natural and cultural heritage and environmental management in Tian Shan region, Central Asia. This region is outstanding for the richness of natural resources, landscapes and ecosystems. Natural resources of Tian Shan are exceptional: the ecosystems include...

The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...

Drawing upon the literature on environmental innovation and social metabolism, this paper investigates whether technology can lessen the problem of scarce natural resources. We focus on fossil and biomass materials as important resources for production and consumption. Utilizing a dynamic panel...

There has been widespread debate about whether the way in which we measure economic activity is fit for purpose in the twenty-first century. One aspect of this debate is to move away from measuring a nation's income (GDP) towards monitoring a nation's assets (their inclusive wealth), as a better...