The United Nations estimates that the global population will growe to 9 billion by 2050. At the current rate, this will mean a 50 % increase in our consumption of natural resources by 2030, with a similar increase in the production of harmful waste and greenhouse gases.
Our economies must react. Sustainable behaviour must pay off is one of the central tenets of the Sustainability Project. Costing the Earth? Perspectives on Sustainable Development outlines the economic conditions needed to achieve the goal of sustainable development in Europe, and around the world. It also explains the incentives for sustainable economic management using economic tools.
Bernd Meyer is Professor of Macroeconomics at the University of Osnabrück. He was chairman of the department of Evolutionary Economics at the Society of Economic and Social Sciences, and chairman of the Council of Advisors for Economic-Environmental Accounting at the German Ministry for the Environment.