In november 1993, the World Council for Sustainable Development defined eco-efficiency as:
“the delivery of competitively priced goods and services that satisfy human needs and bring quality of life,
while progressively reducing ecological impacts and resource intensity, throughout the life cycle,
to a level at least in line with the earth’s estimated carrying capacity.” (Eco-efficient Leadership, WBCSD, 1996).
This business oriented definition links two aspects of good governance (Fig. 1.1):
– modern management practice (“the delivery of competitively priced goods and services ……quality of life”)
– the need of a sustainable society (“while progressively reducing …… to …… earth’s carrying capacity”).