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Resilience

Resilience may be defined as the capacity of a system to absorb disturbance and reorganize while undergoing change, so as to still retain essentially the same function, structure, identity and …

Yasuní РTo Yasunize

Yasun√≠, a national park located in the Ecuadorean Amazon, has been declared a world biosphere reserve by UNESCO. Scientists from all over the world have recognised Yasun√≠ as the zone …

Transaction Costs

In economics, a transaction cost is a cost incurred in making an economic exchange. For example, when buying a good, the cost paid integrates not only the price of the …

Sustainable consumption

Sustainable consumption is an umbrella term that brings together a number of key issues, such as improving efficiency, minimising waste, taking a lifecycle perspective but also taking into account the …

Social Multi-Criteria Evaluation (SMCE)

Like other evaluation processes, multi-criteria assessment (MCA) needs to deal with different value systems when facing a real problem of social choice. One possible way of dealing with the subjectivity …

Precautionary principle

Human life is full of risks which we have to deal with. Science and technology can help in diminishing some risks of nature, as it is the case, for example, …

Payment for Environmental / Ecosystem Services (PES schemes)

In the past decade, payments for ecosystem service (PES) schemes have represented a growing trend in conservation policy, developing rapidly in both developed and developing countries around the world (Wunder …

Metabolism of trade

Mainstream economic science traditionally measures trade flows in terms of money, i.e. exchange values on the market. To overcome the limits of this concept several approaches within ecological economics have …

Multi-criteria assessment (MCA)

Multi-criteria assessment (MCA) is a decision-making tool used to evaluate problems when one is faced with a number of different alternatives and expectations and wants to find the best solutions …

Landscape value

Landscape value corresponds to an attachment or emotional bond that people develop with places. There are strong cultural ties to landscapes and feelings for the visual beauty of mountains, lakes, …

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