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This book provides a rigorous and practical analysis of sustainable development prospects today by applying the innovative sustainomics framework. Developed by the eminent environmental scientist Mohan Munasinghe, sustainomics explores the practical steps in making the transition from the risky business-as-usual scenario to a safe and sustainable future. Its main message is optimistic - although the problems are serious, an effective response can be mounted to make development more sustainable if initiated immediately. The book explains the key principles underlying sustainomics cogently, concisely and with minimum technical jargon. It illustrates the methodology with empirical case studies that are practical and policy-relevant over a wide range of time and geographic scales, countries, sectors, ecosystems and circumstances. The extensive bibliography is useful to researchers of specific issues within sustainable development. This book appeals to a wide audience, including students, researchers from many disciplines, policy analysts, public and private-sector decision makers, and development practitioners.

Born in Sri Lanka, Prof. Mohan Munasinghe shared the 2007 Nobel Prize for Peace, as Vice Chairman of the United Nations Intergovernmental Panel on Climate Change (IPCC-AR4), for work on global warming and sustainable development. Currently, he is also Chairman of the Munasinghe Inst. of Development (MIND), Colombo; Professor of Sustainable Development at the University of Manchester, UK; and Honorary Senior Advisor to the Sri Lanka Govt.

He has earned post-graduate degrees in engineering, physics and development economics from Cambridge University (UK), Massachusetts Institute of Technology (USA), and McGill University and Concordia University (Canada). Prof. Munasinghe has also received several honorary doctorates (honoris causa). Highlights from 40 years of distinguished public service include working as Senior Energy Advisor to the President of Sri Lanka, Advisor to the United States Presidents Council on Environmental Quality, and Senior Advisor/Manager, World Bank.

He has taught as Visiting Professor at a number of leading universities worldwide, and won many international prizes and medals for his research and its applications. Prof. Munasinghe has authored 92 books and over three hundred technical papers on economics, sustainable development, climate change, power, energy, water resources, transport, environment, disasters, and information technology. He is a Fellow of several internationally recognized Academies of Science, and serves on the editorial boards of a dozen academic journals

Foreword
Prologue
Part I. Framework and fundamentals: 1. Overview and summary
2. Sustainomics framework
3. Economics of the environment
4. Ecological and social aspects
Part II. Global and transnational applications: 5. Global analytical applications
6. International process applications: multi-level, multi-stakeholder, trans-disciplinary dialogues
Part III. National and macroeconomic applications: 7. National economywide applications
8. Mathematical macro-model applications
9. Computable general-equilibrium (CGE) modelling
Part IV. Sub-National sectoral and system applications:
10. Energy sector applications
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