ECOLOGICAL ECONOMICS AND INDUSTRIAL TRANSFORMATION

Ecological economics (EE) is an open area of research that addresses economics and ecology in conjunction. It recognises that economies are substrates of our environment, and that the environment sets limits to economic development. Industrial transformation policies, focusing on industrial activities, turn to EE for indicators that relate industrial activity to associated environmental impacts. Methods for ecological bookkeeping of industrial activities constitute the result of practical importance to industrial transformation policy implementation.

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