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Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … substituting consumption for the quality of life. Our sustainability results carry over. As it should be expected, optimal …
Persistent link: https://www.econbiz.de/10009686597
We investigate the fundamental determinants of sustainability in general equilibrium. We adopt a definition of … sustainability that requires that the welfare of future generations is not expected to decrease on average. We then use a stochastic … equilibrium, sustainability boils down to supply-side factors, with increased growth, decreased consumption risk, and greater …
Persistent link: https://www.econbiz.de/10014255987
This study addresses the challenges faced by organizations in prioritizing sustainability reporting aligned with the … United Nations' Sustainable Development Goals (SDGs). We examine the cause-and-effect relationships among sustainability … dimension-related disclosures and specific SDG criteria. This study advocates a prioritization approach to sustainability …
Persistent link: https://www.econbiz.de/10014507091
sustainability objective. As a first step toward the derivation of such shadow values for a maximin objective, this paper studies an …Evaluating the sustainability of a society requires a system of shadow or accounting values derived from the … substitutability and perfect complementarity. The degree of substitutability has strong effects on the maximin solution, affecting the …
Persistent link: https://www.econbiz.de/10011597303
One of the major topics in the nowadays developing countries is the question of the sustainability of their development … of the sustainability of development strategies is inevitable, since development dynamics are determined by the … dynamics/interactions focusing on the sustainability of development strategies …
Persistent link: https://www.econbiz.de/10012894715
This paper discusses the growth model with environmental constraints recently presented in (Acemoglu et al., 2011) which focuses on the redirection of technical change by climate policies with research subsidies and a carbon tax. First, Acemoglu et al.'s model and chosen parameters yield...
Persistent link: https://www.econbiz.de/10009419743
This paper proposes a new tool to assess sustainability and make the concept of sustainable development operational. It … considers its multi-dimensional structure combining the information deriving from a selection of relevant sustainability … aggregate index to measure overall sustainability. The former allows capturing the sector and regional interactions and higher …
Persistent link: https://www.econbiz.de/10009687350
This paper proposes a new tool to assess sustainability and make the concept of sustainable development operational. It … considers its multi-dimensional structure combining the information deriving from a selection of relevant sustainability … aggregate index to measure overall sustainability. The former allows capturing the sector and regional interactions and higher …
Persistent link: https://www.econbiz.de/10013088553
Corporate Social Responsibility (CSR) refers to the incorporation of Environmental, Social, and Governance (ESG) considerations into corporate management, financial decision making, and investors' portfolio decisions. Socially responsible firms are expected to internalize the externalities (e.g....
Persistent link: https://www.econbiz.de/10012822550
The green bond market has grown rapidly since its inception in 2007. Climate-aligned standards provide investors with the confidence that their investments deliver a measurable climate benefit. Serving as a benchmark, these standards demonstrate alignment with the Paris Agreement, against which...
Persistent link: https://www.econbiz.de/10012824116