Environmental Sustainability and Cost-Benefit Analysis

  title={Environmental Sustainability and Cost-Benefit Analysis},
  author={E. Barbier and Anil Markandya and D. Pearce},
  journal={Environment and Planning A},
  pages={1259 - 1266}
  • E. Barbier, Anil Markandya, D. Pearce
  • Published 1990
  • Economics
  • Environment and Planning A
  • Efforts to ‘operationalize’ a concept of sustainability into appraisal methods for practical decisionmaking have been few and generally unpersuasive. In this paper it is argued that this need not be the case if a set of environmentally compensating, or ‘shadow’, projects within an overall portfolio are used to ensure a sustainability objective of setting a constraint on the depletion and degradation of the stock of natural capital. This can be achieved through both a ‘weak’ and a ‘strong… CONTINUE READING
    131 Citations

    Figures from this paper.

    Sustainability and Cost—Benefit Analysis
    • 10
    • PDF
    Economic Analysis for Ecosystem Service Assessments
    • 520
    • PDF
    Discounting and Sustainability
    • 7
    • PDF
    Operationalising strong sustainability: Definitions, methodologies and outcomes
    • 27
    • Highly Influenced
    • PDF


    Economic valuation of environmental impacts
    • 18
    Optimal Prices for Sustainable Development
    • 48
    On the Intergenerational Allocation of Natural Resources
    • 782
    • PDF
    An Empirical Investigation on the Social Time-Preference Rate for the United Kingdom
    • 44
    1988b, "Environmental considerations and the choice of discount rate in developing countries", WP-3, Environment Department, World
    • 1988
    Conservation and Economic Efficiency
    • 76
    Conservation and Economic Efficiency (Johns
    • 1977