The Econo-Environmental Return (EER)

Aim and Background  

Many analytical tools have been developed to support the implementation of sustainable development. Principal among these are the ones that are based on physical aspects such as life cycle assessment (LCA), while others focus on non-physical aspects, namely on monetary concepts, such as life cycle costing and total cost assessment. Each kind of tool is designed to assess a specific aspect (environmental or economic) of the entire life of a good or a service. Unfortunately, even if the literature clearly states the advantage of combining these tools, case studies with global conclusions considering both aspects are still rare. Most often, studies conclude separately on each aspect; environmental impact and cost assessment.