Sustainability as a Policy Tool
Authors
Villamizar, Rodrigo
Villamizar-Villegas, Mauricio
Arango-Lozano, Lucía
Castelblanco, Geraldine
Editor
Publication date
2021-07-15
Document language
eng
Publisher
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Journal Title
Journal ISSN
Volume Title
Abstract
In this policy note we propose a new country-based sustainability index comprised of three main drivers: climate change, energy use, and resource depletion. We argue that increases in clean energy intensity (clean energy per dollar of GDP), decreases in carbon intensity (carbon emission per dollar of GDP), and water intensity (water used per dollar of GDP) significantly affect sustainability. Supplementary, we compare our proposed index with macroeconomic indicators like GDP, Income per capita and other development indices such as the Human Development Index and the GINI, showing marked differences, which we interpret as unexplored areas for sustainable gains.
Description
Códigos JEL
Q56 - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
item.page.subjectjelspa
Keywords
Sustainability, Climate change, Energy use, Resource depletion
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Groups
Cambio climático
