9Need to maintain ecologically sustainable development

#### 9 Need to maintain ecologically sustainable development 9 Need to maintain ecologically sustainable development > > (1) The EPA is to have regard to the principles of ecologically sustainable development in the exercise of its functions under this Act and is to seek the implementation of those principles in the management by other persons of contaminated land. > > > (2) In this section, ecologically sustainable development and the principles and programs that relate to it are to be construed according to their meanings in the statements of principle set out in subsection (3) (the principles of ecologically sustainable development). > > > (3) Ecologically sustainable development requires the effective integration of economic and environmental considerations in decision-making processes. Ecologically sustainable development can be achieved through the implementation of the following principles and programs— > > > > > (a) the precautionary principle—namely, that if there are threats of serious or irreversible environmental damage, lack of full scientific certainty should not be used as a reason for postponing measures to prevent environmental degradation. In the application of the precautionary principle, public and private decisions should be guided by— > > > > > > > (i) careful evaluation to avoid, wherever practicable, serious or irreversible damage to the environment, and > > > > > > > (ii) an assessment of the risk-weighted consequences of various options, > > > > > (b) inter-generational equity—namely, that the present generation should ensure that the health, diversity and productivity of the environment are maintained or enhanced for the benefit of future generations, > > > > > (c) conservation of biological diversity and ecological integrity—namely, that conservation of biological diversity and ecological integrity should be a fundamental consideration, > > > > > (d) improved valuation, pricing and incentive mechanisms—namely, that environmental factors should be included in the valuation of assets and services, such as— > > > > > > > (i) polluter pays—that is, those who generate pollution and waste should bear the cost of containment, avoidance or abatement, > > > > > > > (ii) the users of goods and services should pay prices based on the full life cycle of costs of providing goods and services, including the use of natural resources and assets and the ultimate disposal of any waste, > > > > > > > (iii) environmental goals, having been established, should be pursued in the most cost effective way, by establishing incentive structures, including market mechanisms, that enable those best placed to maximise benefits or minimise costs to develop their own solutions and responses to environmental problems. > > **s 9:** Subst 2008 No 111, Sch 1 \[6\].