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These free ecosystem services are not given a market value under most current economic systems, and so forest conservation has little appeal when compared with the economic benefits of logging and clearance which, through soil degradation and organic decomposition returns carbon dioxide to the atmosphere. [19]
In 1997, a core set of six principles was established by ecological economist Robert Costanza for the sustainability governance of the oceans. These six principles became known as the "Lisbon Principles": together they provide basic guidelines for administering the use of common natural and social resources. [1] [2] Principle 1: Responsibility.
The Rio Conference, which adopted the Declaration, took place from 3 to 14 June 1992. Subsequently, the international community has met twice to assess the progress made in implementing the principles of the document; first in New York City in 1997 during a General Assembly Session of the UN, and then in Johannesburg in 2002. While the document ...
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Sustainability is regarded as a "normative concept".[5] [22] [23] [2] This means it is based on what people value or find desirable: "The quest for sustainability involves connecting what is known through scientific study to applications in pursuit of what people want for the future."
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The 2030 Agenda for Sustainable Development, adopted by all United Nations (UN) members in 2015, created 17 world Sustainable Development Goals (SDGs). The aim of these global goals is " peace and prosperity for people and the planet" [ 1 ] [ 2 ] – while tackling climate change and working to preserve oceans and forests.