An economic theory, put forth by Herman Daly in response to geophysicist M. K. Hubbert’s predictions of the limits of the fossil fuel supply, which regards the notion of economic growth in a finite world as inherently unsustainable. Instead, we should pursue a steady-state economy, which exists within our ecosystem and is similarly finite, non-growing and materially closed (no matter whether it enters or leaves). A steady-state economy assumes that natural resources are scarce, and that our goal must be to maximize productivity and minimize their use.
To monitor the progress of the Sustainable Development Goals, a way of measuring progress is needed. An SDG Indicator is the element that is measured. Example: if the goal is to en...
A complex system that regulates its own performance so that it never gets too far off-balance and can bring itself back into homeostasis.
A system of interactions and actors that, together, create a sustainable and successful service or experience. Service Ecologies often include several companies or organizations th...