This article puts forward an explanation of climate change within the context of global change. Climate change can be seen as the spearhead; as a manifestation of the increasing unsustainability of planet Earth. We consider some of the effects of this change, examining its uneven impact on...

Global climate change has a potentially large impact on economic growth but measuring their economic impact is subject to a great deal of uncertainty. The central objective of our paper is to set forth a model – the macroeconomics evaluation of climate change (MECC) model – to evaluate the...

Eutrophication represents a global environmental pressure that necessitates international co-operation and the diffusion of information to avoid information asymmetries, the construction of an appropriate legislative framework, the development of monitoring technologies and scientific research...

Genuine Savings has emerged as the leading economic indicator of sustainable economic development at the country level. It derives from the literatures on weak sustainability, wealth accounting and national income accounting. The paper is structured as follows: section 1 introduces the basic...

Genuine Savings has emerged as the leading economic indicator of sustainable economic development at the country level. It derives from the literatures on weak sustainability, wealth accounting and national income accounting. The paper is structured as follows: section 1 introduces the basic...

This paper provides a conceptual review of the term “sustainable development”, bearing in mind its current applicability to social matters and public decision-making. Taking the well-known definition of sustainable development coined by the Brundtland Commission over twenty years ago, we...

In addition to its traditional purpose of producing food and raw materials, agriculture plays an important role in terms of supplying public goods, generally in the form of externalities deriving from farming activities. These goods may be predominantly economic and social –rural...

En el estudio se identifican las principales funciones ambientales asociadas a recursos naturales degradados en sectores seleccionados de la cuenca del río Guanabo, ubicada en La Habana, Cuba. Parte de estas funciones se valoran económicamente y se ofrecen criterios para un mejor...

Uncertainty has an almost negligible impact on project value in the economic standard model. I show that a comprehensive evaluation of uncertainty and uncertainty attitude changes this picture fundamentally. The analysis relies on the discount rate, which is the crucial determinant in balancing...

We introduce a version of the DICE-2007 model designed for uncertainty analysis. DICE is a wide-spread deterministic integrated assessment model of climate change. However, climate change, long-term economic development, and their interactions are highly uncertain. A thorough empirical analysis...