Objective
To develop a practical definition of sustainable development relevant to the European Union and set out the conditions expressed in terms of the conservation of natural capital and the creation of new man made capital, for the achievement of that sustainability.
Develop the policy requirements consequent upon that capital maintenance objective, for the achievement of sustainable development.
The work involves the development of a rapid modified national accounting (RAMONA) procedure to enable a "quick" first assessment of "green Net Domestic Product": a measure of sustainable income taking account of the change in the value of the total asset base including natural capital. This is achieved by:
i) the estimation of resource depletion within the European Union, including the reduction in the value of such finite assets as natural gas reserves and depleted renewable resources such as forests managed on a non-sustainable basis and by the valuation of that environmental damage, not covered by the depletion measure;
ii) a substantial Cost Benefit type Analysis of the value of the loss of natural capital is provided by two case studies covering the Spanish Mediterranean Forest and the Wadden Sea, both including detailed valuations of a significant European ecosystem.
The achievement of sustainable development is facilitated through the integration of sustainability indicators into policy analysis and revised policy appraisal procedures, possibly through the medium of sustainability consistent "shadow prices" for natural capital.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
- natural sciences biological sciences ecology ecosystems
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Data not available
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
WC1E 6BT LONDON
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.