Factor 5 (book)

Last updated

Factor 5: Transforming the Global Economy through 80% Increase in Resource Productivity is a 2009 book by Ernst Ulrich von Weizsäcker and an Australian team at The Natural Edge Project. [1] The book suggests that sustainability can be achieved by improving resource productivity. The book presents examples showing the potential of a factor of five in efficiency improvements for some sectors of the economy, while maintaining the quality of service and well-being. [2]

Ernst Ulrich von Weizsäcker German noble

Ernst Ulrich von Weizsäcker is a German scientist and politician (SPD). He was a member of the German Bundestag and currently serves as co-president of the Club of Rome jointly with Anders Wijkman.

The Natural Edge Project (TNEP) is an independent think-tank for sustainability based in Australia. TNEP contributes to leading research, case studies, tools, policies and strategies for achieving sustainable development across government and business. The non-profit TNEP receives mentoring and support from selected experts and leading organisations in Australia and internationally. TNEP delivers short courses, workshops, and conference presentations to build industry experience and relationships. It has published the books Natural Capitalism by Amory Lovins (1999), described as "groundbreaking" by Habitat Australia, and The Natural Advantage of Nations edited by Karlson Hargroves and Michael H Smith (2005). The patron of TNEP is Sir Ninian Stephen, former Governor General of Australia.

Sustainability process of maintaining change in a balanced fashion

Sustainability is the process of maintaining change in a balanced environment, in which the exploitation of resources, the direction of investments, the orientation of technological development and institutional change are all in harmony and enhance both current and future potential to meet human needs and aspirations. For many in the field, sustainability is defined through the following interconnected domains or pillars: environment, economic and social, which according to Fritjof Capra is based on the principles of Systems Thinking. Sub-domains of sustainable development have been considered also: cultural, technological and political. While sustainable development may be the organizing principle for sustainability for some, for others, the two terms are paradoxical. Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Brundtland Report for the World Commission on Environment and Development (1987) introduced the term of sustainable development.

Contents

The book was made possible through sponsorship from Griffith University, Aachen Foundation, CSIRO, and RPS Group. [3] Factor 5 is the sequel to Factor 4, a 1997 international best seller, [3] which presented 50 examples of resource-saving technologies. [2]

Griffith University university in Queensland, Australia

Griffith University is a public research university in South East Queensland on the east coast of Australia. Formally founded in 1971, Griffith opened its doors in 1975, introducing Australia's first degrees in environmental science and Asian studies.

The Commonwealth Scientific and Industrial Research Organisation (CSIRO) is an independent Australian federal government agency responsible for scientific research. Its chief role is to improve the economic and social performance of industry for the benefit of the community.

RPS Group

RPS Group plc is a global professional services firm of consultants and service providers, headquartered in Abingdon, Oxfordshire.

See also

<i>Renewable Energy Sources and Climate Change Mitigation</i> book by Ottmar Edenhofer

The United Nations Intergovernmental Panel on Climate Change (IPCC) published a special report on Renewable Energy Sources and Climate Change Mitigation (SRREN) on May 9, 2011. The report developed under the leadership of Ottmar Edenhofer evaluates the global potential for using renewable energy to mitigate climate change. This IPCC special report provides broader coverage of renewable energy than was included in the IPCC’s 2007 climate change assessment report, as well as stronger renewable energy policy coverage.

Related Research Articles

Public capital is the aggregate body of government-owned assets that are used as a means for productivity. Such assets span a wide range including: large components such as highways, airports, roads, transit systems, and railways; local, municipal components such as public education, public hospitals, police and fire protection, prisons, and courts; and critical components including water and sewer systems, public electric and gas utilities, and telecommunications. Often, public capital is defined as government outlay, in terms of money, and as physical stock, in terms of infrastructure.

Ecological modernization is a school of thought in the social sciences that argues that the economy benefits from moves towards environmentalism. It has gained increasing attention among scholars and policymakers in the last several decades internationally. It is an analytical approach as well as a policy strategy and environmental discourse.

The Wuppertal Institute for Climate, Environment and Energy is a German research institution that explores and develops models, strategies and instruments to support sustainable development at local, national and international level. Sustainability research at the Wuppertal Institute focuses on ecology and its relation to economy and society. Special emphasis is put on analysing and supporting technological and social innovations that decouple prosperity of economic growth from the use of natural resources.

Carl Friedrich von Weizsäcker German physicist

Carl Friedrich Freiherr von Weizsäcker was a German physicist and philosopher. He was the longest-living member of the team which performed nuclear research in Germany during the Second World War, under Werner Heisenberg's leadership. There is ongoing debate as to whether or not he and the other members of the team actively and willingly pursued the development of a nuclear bomb for Germany during this time.

Janez Potočnik Slovenian politician

Janez Potočnik is a Slovenian politician, he served as European Commissioner for Environment until 1 November 2014. He was formerly Slovenia's Minister for European Affairs. In November 2014, he became co-chair of the International Resource Panel (IRP)IRP, a forum of scientists and experts working on natural resources management.

Steady-state economy economy made up of constant physical wealth and population size

A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. The term usually refers to the national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the entire world. Early in the history of economic thought, classical economist Adam Smith of the 18th century developed the concept of a stationary state of an economy: Smith believed that any national economy in the world would sooner or later settle in a final state of stationarity.

The (von) Weizsäcker family, which hails from the former Kingdom of Württemberg, has been prominent and influential over the span of several generations. Its members include a Prime Minister of the Kingdom of Württemberg, a President of Germany, a leading diplomat, a prominent environmental scientist and the physicist after whom the Bethe–Weizsäcker formula was named.

Ecotechnology – not to be confused with ecotechnics – is an applied science that seeks to fulfill human needs while causing minimal ecological disruption, by harnessing and manipulating natural forces to leverage their beneficial effects. Ecotechnology integrates two fields of study: the 'ecology of technics' and the 'technics of ecology,' requiring an understanding of the structures and processes of ecosystems and societies. All sustainable engineering that can reduce damage to ecosystems, adopt ecology as a fundamental basis, and ensure conservation of biodiversity and sustainable development may be considered as forms of ecotechnology.

In economics, structural change is a shift or change in the basic ways a market or economy functions or operates.

Factor Ten is a social and economic policy program developed by the Factor Ten institute with the stated goal of reducing human resource turnover by 90% on a global scale within the next 30 to 50 years.

Resource productivity is the quantity of good or service (outcome) that is obtained through the expenditure of unit resource. This can be expressed in monetary terms as the monetary yield per unit resource.

The eco-social market economy (ESME), also known as the socio-ecological market economy (SEME) or social and ecological market economy, aims at balancing free market economics, the strive for social fairness and the sustainable use and protection of the natural resources. It was developed by Austrian politician Josef Riegler during the 1980s, expanding on the original concept of the social market economy, an economic model first advocated by Konrad Adenauer, and is considered the economic format which the majority of nations in Europe follow.

Material input per unit of service (MIPS) is an economic concept, originally developed at the Wuppertal Institute, Germany in the 1990s. The MIPS concept can be used to measure eco-efficiency of a product or service and applied in all scales from a single product to complex systems. The calculation takes into account materials required to produce a product or service. The total material input (MI) is divided by the number of service units (S). For example, in case of a passenger car, the number of service units is the total number of passenger kilometres during the whole life span of the vehicle. The lower the material input per kilometre, the more eco-efficient is the vehicle. The whole life-cycle of a product or service is measured when MIPS values are calculated. This allows comparisons of resource consumption of different solutions to produce the same service. When a single product is examined, the MIPS calculations reveal the magnitude of resource use along the life-cycle and help to focus efforts on the most significant phases to reduce environmental burden of the product.

In economic and environmental fields, decoupling refers to an economy that would be able to grow without corresponding increases in environmental pressure. In many economies, increasing production (GDP) raises pressure on the environment. An economy that would be able to sustain economic growth without having a negative impact on the environment would be said to be decoupled.

World Resources Forum

The World Resources Forum (WRF) is a non-profit organisation for sharing knowledge about the economic, political, social and environmental implications of global resource use. WRF promotes resource productivity among researchers, policymakers, business, NGOs and the public. In addition to organizing international and regional conferences, the WRF Secretariat coordinates multistakeholder dialogue projects, amongst others the Sustainable Recycling Initiative (SRI) as well as the H2020 project Towards a World Forum on Raw Materials (FORAM). WRF serves as a platform fostering knowledge exchange between academics, politicians, research-oriented practitioners, entrepreneurs, consultants and other professionals in the areas of the Sustainable Development Goals (SDGS)

Raimund Bleischwitz

Raimund Bleischwitz is a German academic and environmental and resource economics scholar. He is a Professor at University College London where he holds the position of Chair in Sustainable Global Resources, and the Director of The Bartlett School of Environment Energy & Resources. He is a recognized expert and influential policy adviser in topics of resource efficiency, circular economy, resource nexus, raw material conflicts, eco-innovation, incentive systems and policies, industry and sustainability.

Marina Fischer-Kowalski is an Austrian sociologist and social ecologist, currently teaching at the University of Natural Resources and Life Sciences, Vienna, the Alpen-Adria-Universität Klagenfurt and the University of Vienna. She is known for founding the Vienna School of Social Ecology and her pioneering work on the widely used metric for material and energy flows to complement economic accounting. Fischer-Kowalski works on socio-environmental change, sustainable development and the Anthropocene.

References

  1. von Weizsäcker, E., Hargroves, K., Smith, M., Desha, C. and Stasinopoulos, P. (2009). Factor 5: Transforming the Global Economy through 80% Increase in Resource Productivity, Earthscan, UK and Droemer, Germany, ISBN   978-1-84407-591-1
  2. 1 2 Factor Five Making It Magazine, 10 December 2009.
  3. 1 2 The Natural Edge Project. Factor 5 Overview Archived 2010-04-21 at the Wayback Machine .