The environment is central to development. The concept of protecting and conserving the environment evolved in the early 1970s during the Stockholm UN Conference on the Human Environment in 1972. After the World Summit on Sustainable Development in Johannesburg in 2002, the environment started being seen as a pillar of development, closely intertwined with the other two pillars: social and economic.
Several global institutions have come up with indicators that measure these three pillars of development. The social pillar of development is measured by the Human Development Index, which is published by the UNDP. This indicator looks at three keys areas of human development and sustainability: knowledge; measured by adult literacy rate and enrollment in enrollment in various levels of education, Longevity; measured by life expectancy at birth, and standard of living; measured by adjusted GDP per capita. The economic pillar of development, on the other hand, is measured by the Gross Domestic Product.
When it comes to measuring the degree of environmental sustainability however, several indicators have been floated. One of the most popular is the ESI (Environmental Sustainability indicator), published by the World Economic Forum. This index looks at the overall progress towards sustaining the environment. Another index is the Well-being/Stress Index; this index combines a host of human and ecosystem indicators that include: peace, education, health, wealth, population, biodiversity, land, water quality and supply, global atmosphere, air quality, energy and resource use pressures.
The Ecological Footprint (EF) measures the productive land that is needed to maintain the current patterns of consumption of a given population, and with prevailing technologies, absorb the wastes produced by the population. The European Union’s Joint Research Center developed a software application known as the Dashboard of Sustainability (DS). This assessment tool presents relationships between the social, economic, and environmental issues that are complex, and aimed at stakeholders, decision makers and citizens who are interested in sustainable development. Another indicator being touted by the World Wildlife Fund is the Living Planet Index. It assesses the state of natural ecosystems of the Earth. The index assesses global and national data on human consumption of natural resources and the resultant human pressures on the ecosystems.
One of the latest entrants into this cocktail of environmental indicators is the Geo-Biosphere Load Index. Its main focus is on the human pressures to the environment. This is because pressure indicators show, at best, the fundamental stresses that human activities inflict on the environment. The Geo-Biosphere index uses indicators and data of the Material Flow Analysis.