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What is Sustainomics
Sustainomics = sustainability+ economics Sustainable:Capable of being sustained. Economy:Careful, thrifty management of resources, such as money, materials, or labor.
Some key milestone relating to evolution the recent thinking of sustainable development: The 1972 United Nations Environmental Summit in Stockholm, 1987 Bruntland Commission report, 1992 United Nations Conference on Environment and Development (UNCED) in Rio de Janeiro, 1995 World Summit for Social Development in Copenhagen, UN Millennium Summit and Millennium Development Goals (MDGs) in 2000, 2002 World Summit on Sustainable Development (WSSD) in Johannesburg.
(2) Sustainability (System science oriented) During the 1980s a number of relevant international scientific research initiatives dealing with nature emerged: The World Climate Research Programme (WCRP) in 1980, International Geosphere and Biosphere Programme (IGBP) in 1986, DIVERSITAS (on biodiversity and ecology) in 1990. The United Nations Intergovernmental Panel on Climate Change (IPCC) was also established in 1988 (byWMO and UNEP), with global scientific expertise to periodically assess information on climate change.
In the 1990s, it was recognized that human activity was a major factor influencing global changes e.g., in the work of existing scientific bodies like the IPCC, and creation of new bodies like International Human Dimensions Programme on Global Environmental Change (IHDP) in 1996. Since then, a series of international conferences and initiatives have called for a more integrated approach between the natural and the social sciences, and for linking scientific activities better with sustainable development problems especially the human dimension.
Emergence of Sustainomics
The first ideas about sustainomics were outlined from 1990 onwards in several conference presentations by Munasinghe, culminating in a formal paper presented at the Rio Earth Summit in 1992, which set out key elements of the framework
Mohan Munasinghe is a Sri Lankan physicist and economist. he is the Chairman of the Munasinghe Institute for Development. The Director-General of the Sustainable Consumption Institute at the University of Manchester, UK, and the Vice Chairman of the Intergovernmental Panel on Climate Change (IPCC-AR4), that shared the 2007 Nobel Peace Prize with former Vice President of the United States Al Gore.
Environmental Sustainability: can be defined as the capacity to preserve over time the three basic functions of the environment: the resource supply function, the waste receiver function and that of direct usefulness. Economic sustainability: means the capability, through the most efficient mix of resources, to produce and maintain the highest added value, in order enhance the specificity of territorial products and services. Social Sustainability: means the capacity of the different social actors (stakeholders), to interact efficiently, to aim towards the same goals, encouraged by the close interaction of the Institutions, at all levels.
ECONOMIC: Timber Products; Carbon credits; Tourism; Minor Forest Products; Diversify Local Economy ENVIRONMENTAL E c o no m ic Carbon sequestration; Wildlife; Aesthetics; Landscape/Biodiversity Restoration
So c ial E nv ir on m e nt al SOCIAL: Employment;o Recreation; Fuel wood S u sta i n m ic s Taungya/Agroforestry; T ra n s-d i scip l in a ry
i n b tr a a s - ge ic n n e e ra ed t i o n s/ li v a l e el ih q u i oo ty ds
Social
in te r- ge n e ra ti o na l e q u it y va l u es / c ul tu re
K no w le dg e B a se
Environm ental
r es ilien c e/b io div . n a tu ra l re so u rc es p o llu tio n
(a)
Figure 1 (a). E lem ents of sustaina ble deve lopm ent 1 (b). Sustainable development triangle supported by the sustainom ics fram ew ork. Source : adapted from M una singhe [3,4]
(b)
What kind of Species, How well they will grow, Where and What are their end uses?
Fast Growth with High Economic Value; End Uses; Objectives; Economic Viability; Availability of Planting Material Adaptability: How well species can thrive on site? Ecology, Physiology, Genetics (3-yrs express biology of site) In making Decisions for Species Choice: Adaptability and Species OR End Use and Species OR Both Right Choice-Ease of Silviculture
Tunneling
Figure 3 shows how the sustainomics approach could be applied to reconcile long-term development aspirations and climate change responses. On this stylised curve of environmental risk against a countrys development level, poor nations are at point A (low GHG emissions and low GNP per capita), rich nations are at point C, and intermediate countries are at point B. The following elements are essential for a workable global compact: Industrial countries (already exceeding safe limits) should mitigate and follow the future growth path CE, by restructuring their development patterns to make both production and consumption more sustainable and delink carbon emissions from economic growth; The poorest countries must be provided an adaptation safety net, to reduce vulnerability to climate change impacts; Middle income countries could adopt innovative policies to tunnel through (along BDE below the safe limit), by learning from past experiences of the industrialised world; Developing countries should receive technical and financial assistance, to simultaneously continue to develop (and grow) more sustainably, by following a less carbon-intensive growth path that also reduces climate vulnerability.
Global problems
Climate Change & Energy Sustainable Consumption & Production
Regions: Small Islands, Arctic region, Asian Mega deltas , Sub-Sahara Africa
Coral region
References
http://www.eoearth.org http://www.mindlanka.org http://www.imf.org http://www.mohanmunasinghe.com/publications.cfm Sustainable development in practice, sustainomics methodology and applications by Mohan Munasinghe http://www.nature.com http://www.wikipedia.org http://www.investopedia.com
Oil Substitution: Use of corn ethanol CNG rikshaw in baroda and bombay(older taxies are banned to use) Vedant compny, check the histry cos it was not working under environmental policies. Aadarsh society, Maharashtra, Bombay, construnction. Policy making Urbanization Advertisement of aamirkhan of coca cola Jathropa biodesel as a substitute or traditional petroleum oil.