Economics management assignment essay writing on: Report on sustainability issue for Australian people
Introduction
The main purpose of the report is to identify the nature of the issue of the sustainability and its consequence on the environment. The issue is, In Australia people are living well economically but on the other side, environmental and social systems are reflecting proof of the serious damage (Wallstorm, Bolin & Steffen, 2004). It is very clear that sustainability refers to the ability of the human systems to offer for the entire variety of the human concern in the long period. In general, when sustainability applied to human beings it refers to both long term existence of the species and the quality of the lives. In general, Sustainability considers to the ability of the biosphere for providing the entire variety of the human concerns in the period of long run. Sustainable Development is considered as a group of practices and principles and draws on 3 modern principles such as economics, ethics and ecology. Sustainability is associated with excellence of the life in the society whether the social, environmental and economic systems which make up the society are creating a productive, meaningful and healthy life for all society residents in present and upcoming time.
Sustainability Issue
It has been observed that support systems of the Earth’s life are in danger. As a species, we are not surviving sustainably and are increasing towards the destruction of natural capital on the society and its nation. It can be said that in Australia we are living well economically but on the other side, environmental and social systems are reflecting proof of the serious damage. It is very clear, at the international level, inequality and inequity of the opportunity prevails at heart of international instability, wars and terrors. Generally, activities of human are significantly impacting the planet and how it operates. In, fact atmospheric Co2 is increasing, global temperature is rising, and huge regions of humid tropical forest are cleared each and every year and losses of the diversity recently driven by the habitat loss and shall be increased by further change in the global climate. There are considerable risks of irreversible and rapid environmental changes to which it could be complex to adapt and that would have severe societal and economic consequences. It has been observed that this kind of warning was published in year 2004 by the team of four comprising Margot Wallstrom, European Commissioner for the Environment. The proof recommends that the progress in the human economy has been at the expenditure of the natural assets of the earth. We are increasing regarding collapse of natural capital on which the human society and its nation relies. The issue of the sustainability emerged first with the publication of the Limits to Growth in 1972, the similar year when first Earth Summit happened. Due to environmental restrictions on constant economic growth, fulfilling the requirements of the poor could have to come with the help of main redistribution of wealth and income from wealthy to poor both within and among the nations. According to the Australia State of the Environment 2001, there are few environmental good new stories. For Example: urban air quality has usually improved, emissions of So2 have reduced hugely and fewer turtles are being caught and there is better management of storm water.
Principles of Sustainability
Foundation Principles
Long term Economic Health
Sustainability understands the requirements of the recent and the future generations for innovation, economic health, productivity of earth and diversity.
Human and Equity Rights
Sustainability understands that the environment requires to be formed where all individuals may express their potential and productive lives and that considerable gaps in safety, opportunity and sufficiency endanger the earth.
Ecological and Biological Integrity
Sustainability understands that all the life has intrinsic excellence and is interconnected and that ecological and biodiversity integrity are portion of the irreplaceable support system on which the Earth relies.
Settlement efficiency and quality of the life
Sustainability understands that the settlements are required to minimize their ecological footprints whereas they enhance their life quality.
Community, regions and heritage
Sustainability understands the importance and diversity of regions and community for the integration of earth and vital significance of heritage in any of the plans for the future.
Net Gain from development
Sustainability explains that all development and specifically development comprising extraction of the non –renewable resource must strive to offer net social, economic and environmental gains for future generations (Collignon, 2002).
Common Good from Planning
Sustainability understands that the planning for the good needs equitable categorization of the public resources so that functions of eco system are maintained and so that the shared resource is accessible to all.
Process Principles
Integration of triple bottom line
Sustainability needs that social, economic and environmental factors be coordinated by the constant application of the principles and viewing mutually supportive advantages with least trade –offs.
Accountability, Engagement and Transparency
Sustainability understands that the individuals must have access to the information on the issues of the sustainability and institutions must have triple bottom line responsibility that daily sustainability audit programmes and policies must be conducted and that engagement of the public lies at the heart of the sustainability principles.
It has been examined that the sustainability understands that applying these kinds of principles as the portion of the wide strategic vision for the Earth and may generate hope in upcoming time and therefore it will comprise symbolic alteration as a part of various successive steps over generations (Australian Bureau of Statistics, 2003). In moving towards the sustainable future, we shall require to make sure that we avert eroding the base of natural resource and offer huge global equality opportunity and maintain the size and structure of human population throughout ecological limits.
Problems
It is claimed that inequality and inequity of the opportunity prevails at the heart of the global wars, terrors and instability (Stanley, 2002). Global Warming in region of Australia poses huge risks for Australian biodiversity and in few cases even exceeding the average global losses. There are main issues which should be addressed at the similar time as Australia performs a responsible and humane function in the world community.
Global Warming is probably for enhancing the spread of the vector borne infectious diseases like dengue and Japanese encephalitis to wilder and higher altitudes involving to the North Queensland.
Two Perspectives on Sustainability Issue
David claims that the individual function must be to design the questions for creating the possibility that they could someday be resolved. In simple words, the debate of the sustainability is based upon the cultural perspectives.
Cultural Sustainability
Community well being is built on the shared sense of the purpose, values inform action and a healthy society relies on influential and lively cultural activity between the societies within it and sustainability might only be accomplished when it becomes the enthusiastically embraced portion of the culture (Brundtland, 1987). Culture is considered as the essential component of the sustainable societies. Culture is considered as the component in which we can manifest and articulate social meanings and suggest public action.
Social Sustainability
Sustainable societies acknowledge that there are restrictions to the social, natural and systems upon which we relied. Numerous Countries – not the least of which is in our home countries of Sweden, Canada and Australia are both economically and socially unsustainable. Communities actively operating to utilize social sustainability show structural systems comprising networking, incentives and connectivity for individuals to act and participate.
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