2007
DOI: 10.1002/eet.471
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The four‐capital method of sustainable development evaluation

Abstract: This paper is part of the special issue of European Environment devoted to the outputs of the EU SRDTOOLS project, 1 which developed and applied a new model of regional sustainable development evaluation. The paper introduces the concept and framework of the four-capital model, which was used in the project. First it discusses some issues around sustainable development evaluation, before introducing the theory of the four-capital model. It then describes how indicators can be used to evaluate programmes such a… Show more

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Cited by 67 publications
(76 citation statements)
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“…A good indicator should satisfy a number of criteria Tate (2002). Further, what are the criteria of sustainability, or the critical thresholds, that could be applied across these dimensions to facilitate judgments as to whether development is sustainable or not (Ekins et al, 2008). De Kruijf and Van Vuuren (1998); Ravetz (2000); ; The Energy & Biodiversity Initiative (2002); Yuan and James (2002); Ledoux et al (2005) have developed a number of additional criteria to determine the quality of indicators selected or proposed.…”
Section: Introductionmentioning
confidence: 99%
“…A good indicator should satisfy a number of criteria Tate (2002). Further, what are the criteria of sustainability, or the critical thresholds, that could be applied across these dimensions to facilitate judgments as to whether development is sustainable or not (Ekins et al, 2008). De Kruijf and Van Vuuren (1998); Ravetz (2000); ; The Energy & Biodiversity Initiative (2002); Yuan and James (2002); Ledoux et al (2005) have developed a number of additional criteria to determine the quality of indicators selected or proposed.…”
Section: Introductionmentioning
confidence: 99%
“…This is introduced to account for the full cost of a project including profit and loss, and also benefits of a business or a company giving broader definition for bottom-line assessment. Likewise, concepts such as four-capital, five-capital, and six-capital methods are also derived from economics, whereby capital stocks provide a flow of goods and services [36]. For example, the six-capitals method proposes financial, manufactured, intellectual, human, social, and natural capitals to account for all the flows of benefits, some of which are quantified with a monetary value and others are not [36].…”
Section: Evaluation Criteria To Assess Water Supply and Demand Managementioning
confidence: 99%
“…As opposed to indicative indicator systems, such as the ESI, this approach aims to elucidate the sustainability level in a definitive manner, putting an emphasis on clarifying the concept of sustainability itself. The capital concept states that capital stocks provide a flow of goods and services necessary for human well-being (Ekins et al 2008). According to this approach, there are basically four types of capital: natural capital, human-made capital, human capital, and social capital.…”
Section: Indicators Based On the Psr Approachmentioning
confidence: 99%