Global Footprint NetworkThe Global Footprint Network was founded in 2003 and is an independent think tank originally based in the United States, Belgium and Switzerland. It was established as a charitable not-for-profit organization in each of those three countries. Its aim is to develop and promote tools for advancing sustainability, including the ecological footprint and biocapacity, which measure the amount of resources we use and how much we have. These tools aim at bringing ecological limits to the center of decision-making.
Overconsumption (economics)Overconsumption describes a situation where a consumer overuses their available goods and services to where they can't, or don't want to, replenish or reuse them. In microeconomics, this may be described as the point where the marginal cost of a consumer is greater than their marginal utility. The term overconsumption is quite controversial in use and does not necessarily have a single unifying definition. When used to refer to natural resources to the point where the environment is negatively affected, is it synonymous with the term overexploitation.
Earth Overshoot DayEarth Overshoot Day (EOD) is the calculated illustrative calendar date on which humanity's resource consumption for the year exceeds Earth’s capacity to regenerate those resources that year. The term "overshoot" represents the level by which human population's demand overshoots the sustainable amount of biological resources regenerated on Earth. When viewed through an economic perspective, the annual EOD represents the day by which the planet's annual regenerative budget is spent, and humanity enters environmental deficit spending.
ConsumerismConsumerism is a social and economic order in which the goals of many individuals include the acquisition of goods and services beyond those that are necessary for survival or for traditional displays of status. Consumerism has historically existed in many societies, with modern consumerism originating in western Europe before the Industrial Revolution and becoming widespread around 1900.
