| | 8.1
Development, Equity and Sustainability There are fundamental scientific
and epistemological links between development, equity and sustainability issues
and climate change. The concept of sustainable development could only be gauged
by its three attributes viz. economic, social and environmental. A consistent
integration of development, equity and sustainable development is a necessity
to develop an effective and practical climate change strategy. Many national policies
taken today could well affect the future climate change prospects significantly.
While mainstream economics which is used for practical policy making has often
ignored many crucial aspects of environmental and social dimensions of sustainable
development, there is a small growing body of economic analysis and application
which seeks to address such shortcomings. Equity in the context of a social
decision requires a fair and just outcome. It is an important element of the collective
decision-making framework needed to respond to global climate change for a number
of reasons, including: a) moral and ethical concerns; b) facilitating effectiveness;
c) sustainable development; and d) requirement of the UNFCC. The principles of
justice and fair play is a fundamental human right. Most modern international
agreements including the UN Charter, enshrine moral and ethical concerns relating
to basic equality of all human beings and the existence of inalienable and fundamental
human rights. Equitable decisions generally carry greater legitimacy and encourage
parties with differing interests to co-operate better in carrying out mutually
agreeable decisions. Therefore, a successful implementation of a collective human
response to the problem of global climate change will require the sustained collaboration
of all sovereign nation states. While penalties and safeguards will play a role,
decisions that are widely acceptable as equitable are likely to be implemented
with greater willingness and goodwill than those enforced under conditions of
mistrust or coercion. |