31 terms

Friedland 20

STUDY
PLAY
well-being
the status of being healthy, happy nad prosperous
GPI--genuine progress indicator
a measurement of the economy that considers personal consumption, income distribution, levels of higher education, resource depletion, pollution, and the health of the population
Techonology transfer
the phenomenon of less developed countries adopting technological innovations that originated in wealthy countries
leapfrogging
the situation in which less developed countries use newer technology without first using the precursor technology
microlending
the practice of loaning small amounts of money to help people in less developed countries start small businesses
natural capital
the natural resources of earth, such as air, water, and minerals
human capital
human knowledge, potential, and abilities
manufactured capital
all goods and services that humans produce
market failure
the economic situation that results when the economic system does not appropriately account for all costs
environmental economics
a subfield of economics that examines costs and benefits of various policies and regulations related to environmental degradation
ecological economics
the study of economics as a component of ecological systems
valuation
the practice of assigning monetary value to seemingly intangible benefits and natural capital
environmental worldview
a worldview that encompasses how people think the world works, how they view their role in it, and what they believe to be proper behavior regarding the environment
anthropocentric
a worldview that focuses on human welfare and well-being
stewardship
the careful and responsible management of earth and its resources
biocentric
a worldview that considers human beings to be just one of many species on earth, all of which have equal intrinsic value
ecocentric
a worldview that places equal value on all living organisms and the ecosystems in which they live
UN--United Nations
an institution dedicated to promoting dialouge among countries with the goal of maintaining world peace
UNEP--United Nations Environment Programme
a program of the United Nations responsible for gathering environmental information and conducting research and assessing environmental problems
World Bank
an international organization that provides technical and financial assistance to help reduce poverty and promote growth, especially in the world's poorest countries
WHO--World Health Organization
a group within the United Nations responsible for human health, including combating the spread of infectious diseases and health issues
UNDP--United Nations Development Programme
a program of the United Nations that works to improve living conditions through economic development
EPA--Environmental Protection Agency
a US government agency that creates federal policy and oversees enforcement of regulations related to the encironment, including science, research, assessment, and education
OSHA--Occupational Saftey and Health Administration
a US federal agency responsible for the enforcement of health and safety regulations in the workplace
DOE--Department of Energy
a US government agency created in 1977 with the goal of advancing the enrgy and economic security of the United States
HDI--HUman Development Index
a measure of economic well-being that combines life expectancy, knowledge, education, and standard of living as showd in GDP per capita and purchasing power
HPI-- Human Poverty Index
the counterpart of HDI and developed by the United Nations to investigate the proportion of a population suffering from deprivation in a country with a high HDI
command and control approach
a strategy for pollution control that involves regulations and enforcement mechanisms
incentive based approach
a program that constructs financial and other incentives for lowering emissions, based on profits and benefits
green tax
a tax placed on environmentally harmful activities or emissions
triple bottom line
an approach to sustainability that advocates consideration of economic, environmental, and social factors in decisions about bisiness, the economy, the environment, and development