Environmental Science
3 years ago

Inconsistent discount rates threaten environmental ethics and sustainable development goals.

Brazilian Journal of Political Economy
Environmental Ethics and Sustainable Development
Henrique Tomé Costa Mata, José Euclides Alhadas Cavalcanti

Paper Summary

The article discusses how different theories on discount rates and economic efficiency impact sustainable development. It explains how the inconsistency of discount rates is crucial for environmental arguments. The goal is to address this issue using recent economic and environmental valuation techniques to promote sustainable development.

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