Title: Sustainable development footprint: a framework for assessing sustainable development risks and opportunities in time and space
Authors: Adjo Amekudzi; Meleckidzedeck Khayesi; C. Jotin Khisty
Addresses: School of Civil and Environmental Engineering, Georgia Institute of Technology, 788 Atlantic Drive, Atlanta, GA 30332-0355, USA ' Injuries and Violence Prevention Department, World Health Organization, Avenue Appia, CH-12 11, Geneva 27, Switzerland ' Department of Civil and Architectural Engineering, Illinois Institute of Technology, 3201 S. Dearborn Street, Chicago, IL 60616, USA
Abstract: This paper elaborates a framework, the sustainable development footprint, that can be used to assess progress in sustainable development in space and time. The framework views sustainability as consisting of the entire stock of its capital (natural and derived) and the rate of use of this stock to develop human (or other types) capital relative to the rates of regeneration of its capital stocks. The framework discusses three key forms of capital: economic, natural and human. The paper uses the framework to analyse variation in sustainable development status among 35 countries. The results show that sustainable development status, in particular its opportunities and risks, varies in relation to dynamics in economic, environmental and human capital. This framework provides a tool that nations, cities and other administrative units can use to evaluate their sustainability progress from time to time, in order to direct their resources and development in a manner that is supportive of the goals of sustainable development. The framework and illustration are potentially useful to decision makers and researchers making efforts to maximise the opportunities and minimise the risks as they advance sustainable development in international, national and local contexts.
Keywords: sustainable development; risk assessment; opportunities; capital asset management; sustainability progress; economic capital; natural capital; human capital; environmental capital; risks.
International Journal of Sustainable Development, 2015 Vol.18 No.1/2, pp.9 - 40
Received: 28 May 2012
Accepted: 18 Jun 2013
Published online: 06 Jan 2015 *