Introductory Summary

Each of us continuously takes resources from the environment, but how often do we give back? Rarely. Society has long assumed that the environment has unlimited resources, allowing us to exploit it endlessly without considering replenishment. This misconception has led to widespread environmental degradation caused by individuals, households, industries, and other entities. The consequences are evident: global warming, pollution, ozone layer depletion, and other forms of ecological harm.

It is high time we sincerely repay our dues to the environment. The author introduces an innovative concept called the “Environmental Balance Sheet” (EBS), a tool designed to track what we take from the environment and what we give back.

The Environmental Balance Sheet (EBS) aims to instill a sense of accountability for environmental impact. It suggests that it is the responsibility of individuals, households, industries, and governments to measure and mitigate environmental harm. The author proposes the preparation of Environmental Balance Sheets at various levels, including individuals, households, industries, municipalities, districts, states, and nations.

By highlighting the state of the environment, the EBS seeks to inspire attitudinal, behavioral, social, and legal changes that promote environmental sustainability.