A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Making Ends Meet: The Challenges of Investing in and Accounting for Sustainability
The transition to sustainable development requires considerable investments from stakeholders, both financial and immaterial. However, accounting for such investments often poses a challenge, as ventures with intangible or non-financial returns remain oblivious to conventional accounting techniques and risk assessment. That such investments may significantly contribute to the welfare of those affected may act as a driving force behind attempting to bridge this gap. This gains crucial importance as investments must be also backed by governments and administrations; entities whose budget depends on taxpayers- contributions and whose tasks are based on securing the welfare of their citizens. Besides economic welfare, citizens also require social and environmental wellbeing too. However, administrations must also safeguard that welfare is guaranteed not only to present, but to future generations too. With already strained budgets and the requirement of sustainable development, governments on all levels face the double challenge of making both of these ends meet.
Making Ends Meet: The Challenges of Investing in and Accounting for Sustainability
The transition to sustainable development requires considerable investments from stakeholders, both financial and immaterial. However, accounting for such investments often poses a challenge, as ventures with intangible or non-financial returns remain oblivious to conventional accounting techniques and risk assessment. That such investments may significantly contribute to the welfare of those affected may act as a driving force behind attempting to bridge this gap. This gains crucial importance as investments must be also backed by governments and administrations; entities whose budget depends on taxpayers- contributions and whose tasks are based on securing the welfare of their citizens. Besides economic welfare, citizens also require social and environmental wellbeing too. However, administrations must also safeguard that welfare is guaranteed not only to present, but to future generations too. With already strained budgets and the requirement of sustainable development, governments on all levels face the double challenge of making both of these ends meet.
Making Ends Meet: The Challenges of Investing in and Accounting for Sustainability
György Á. Horváth (author) / Piroska Harazin (author)
2011-11-22
oai:zenodo.org:1081443
Article (Journal)
Electronic Resource
English
DDC:
710
| Online Contents | 2015
‘Making ends meet’ by renting homes to strangers
| Taylor & Francis Verlag | 2021
MAKING ENDS MEET: OPTIONS FOR PROPERTY TAX REFORM IN DETROIT
| Online Contents | 2014
Investing in Research for Sustainability
| Wiley | 1993