Chapter 6 - Sharing economy and sustainability

Abstract

Amidst tremendous challenges of climate change, increasing resource scarcity, and biodiversity loss, sustainable business models are increasingly being attractive to promote the reorganization of current value-creation architectures toward a system of sustainable system of consumption and production. This chapter aims to explore different sustainable business models and their prospects and challenges to propose a framework to achieve sustainable development through effective implantation of a new sustainable business innovation system. Providing a better panorama toward the transition to sustainable development this chapter also highlights the new economics of sustainable consumption and its associated features.