What is environmentally sustainable economic development? How does it differ from traditional economic growth?

Question

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What is environmentally sustainable economic development? How does it differ from traditional economic growth and economic development?

Answer 1

Environmentally sustainable economic development is a process of developing economic value that includes what traditional economic development considers external costs (costs not incurred by the developer). It holistic in its development approach and makes distinctions between "mining" activities and "farming" activities. For instance planting a crop that has market value yet removes biomass from the soil (typical corporate farming) is not actually farming, but mining — Not to mention not sustainable.

Answer 2

Economic development factoring environmental cost. We can't sustain a development while we ignore environmental consequences. Can't fish from a river while at the same time pollute the same river that provide economic benefit.

Answer 3

Development that doesn't depend on the depletion of non renewable resources such as fossil fuels or mineral water or the destruction of renewable resources like forests or topsoil due to bad management