Abstract

Globalization leveraged pressure on contemporary society. Today's most pressing social dilemmas regarding climate change demand for inclusive solutions that marry the idea of sustainable growth with environmental economics. Understanding the bounds of environmental limits to avoid ethical downfalls beyond the control of singular nation states infringing on intergenerational equity – the fairness to provide an at least as favorable standard of living to future generations as enjoyed today – has become a blatant demand. In a history of turning to natural law as a human-imbued moral compass for solving societal downfalls on a global scale in times of crises; the paper covers the ethical justification for environmental economics. Climate change demands for intergenerational equity in the 21st century and climate justice attention around the globe, while the gains and losses of a warming globe are distributed unequally. Only ethical foundations and imperatives will help to provide the groundwork on climate justice within a society, around the world and over time. Ethics of the environment derived from a human natural drive towards intergenerational fairness back climate justice based governance and private sector solutions.

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