EcoBudget is an environmental management system uniquely designed with and for local governments, developed by ICLEI – Local Governments for Sustainability. It allows municipalities to manage natural resources as efficiently as they manage financial resources. Traditionally ecosystem services, which we rely on for life, livelihoods and recreation, have not been systematically valued and budgeted for, it is crucial that local mayors find ways of integrating economic and ecological thinking for sustainability.
The Happy Planet Index (HPI) is an index of human well-being and environmental impact that was introduced by the New Economics Foundation (NEF) in 2006. The index is designed to challenge well-established indices of countries’ development, such as Gross Domestic Product (GDP) and the Human Development Index (HDI), which do not take sustainability into account.