Quantified Eco-Efficiency An Introduction with Applications [Hardcover]

A central asset of eco-efficiency analysis is that it does not depend on a specific evaluation of environmental impacts against economic effects. Several evaluation methods may be used, including those based on willingness-to-pay, panel procedures, and public statements on policy goals. This volume covers all aspects of eco-efficiency analysis and offers a global perspective on the subject.

Eco-efficiency has long been a concept: the intention of reducing environmental impact while increasing environmental value. Its origins are with the World Business Council for Sustainable Development. However, in a globalized world with sustained economic growth environmental degradation is threatening. Macro level requirements on sustainability should be reflected in the eco-efficiency of choices at a micro level, like on technologies, supply chains and product systems. Eco-efficiency analysis has come to fruition as a fully quantified method for analysis, linking to specific domains of economic modelling, specific environmental models, and several methods for integrating these two domains into eco-efficiency scores. This eco-efficiency analysis can guide choices in policy, business, and consumptions activities, all from a single common background.

A central asset of eco-efficiency analysis is that it does not depend on a specific evaluation of environmental impacts against economic effects, avoiding the often disputed results of neo-classical evaluation methods. For integrating the different environmental scores several evaluation methods may be used including those based on willingness-to-pay, panel procedures, and public statements on policy goals. Each may have advantages, but in line with the normative neutrality strived for in eco-efficiency, these preference and value choices may be avoided to some extent. This can be done either by taking a common denominator or by having less demanding objectives, for instance focusing on efls!