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The Circles of Sustainability approach is explicitly critical of other domain models such as the triple bottom line that treat economics as if it is outside the social, or that treat the environment as an externality. It uses a four-domain model – economics, ecology, politics and culture. In each of these domains there are 7 subdomains.
The Triple Bottom Line: How Today's Best-Run Companies Are Achieving Economic, Social and Environmental Success—and How You Can Too by Andrew W. Savitz and Karl Weber; The Sustainability Advantage: Seven Business Case Benefits of a Triple Bottom Line (Conscientious Commerce) by Bob Willard, New Society Publishers ISBN 978-0-86571-451-9
First, mainstream sustainability is a conservative approach on both economic and political terms. Second, progressive sustainability is an economically conservative, yet politically reformist approach. Under this framing, sustainable development is still centered on economic growth, which is deemed compatible with environmental sustainability.
The three pillars of sustainability. The International Chamber of Commerce (ICC), representing global business, defines the green economy as "an economy in which economic growth and environmental responsibility work together in a mutually reinforcing fashion while supporting progress on social development". [17] [18]
Walter R. Stahel (born June 5, 1946) is a Swiss architect, graduating from the Swiss Federal Institute of Technology Zürich in 1971. He has been influential in developing the field of sustainability, by advocating 'service-life extension of goods - reuse, refill, reprogram, repair, remanufacture, upgrade technologically' philosophies as they apply to industrialised economies.
In 2009, He authored the United Nations’ Global Green New Deal, which was a strategy for greening the global economic recovery after the Great Recession. [2] In 2010, he further elaborated on this strategy in A Global Green New Deal: Rethinking the Economic Recovery , which connected the environment to climate change to human energy and water ...
Nonprofit and government organizations are often at the core of the social sphere. In regard to sustainability, it is crucial for policies to be in place that represent all populations and ensure that basic human rights are being met. [12] Economic Sphere: The economic sphere prioritizes a high-functioning economy and profit-making. Consumerism ...
The three pillars of sustainability (clickable) Environmental economics was once distinct from resource economics. [23] Natural resource economics as a subfield began when the main concern of researchers was the optimal commercial exploitation of natural resource stocks.