EUS 202 Lecture Notes - Lecture 4: Natural Capital, Ecosystem Services, Our Common Future

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Poorest 20% has less than 2% of world"s economic product. Consumption of developed nations: represented 26% of pop, non-renewable resources, 80-86, food resources, 34 53% What is sustainable development: meeting the needs of the present without compromising the ability of the future to meet their own needs (from brundtland report) Depending on context: development is used interchangeably with growth , growth increased in population and production. What does meeting the needs of the present mean: increase in standard of living, increase in environmental quality, increase in material wealth, development improvements in health care, knowledge, quality of life, walkability, density, efficient resource use. Mistaken as sustainable use: utilizing renewable resources within capacity for their renewal, focuses on the ecological, sustainable use lacks the social, economic dimensions of sustainability (as defined in the brundtland report) Interpretation of public: always trade-off economic activity for environmental protection, many scholars argue this view is a misconception because it divorces humanity from nature.

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