per dollar of economic activity in a sector or nation. The ratio of resource Resource efficiency inputs to the value of outputs. Inputs can be defined in physical units or terms of economic value or cost. Improved resource efficiency implies that the costs involved are more than outweighed by the benefits. Scenario based Approaches that approach explore a range of potential futures, rather than focusing on one (most likely) future. Can be used to identify the implications of different choices or pathways. Scenario Model-based projections descriptions of potential futures, including indicators of key variables, to allow detailed quantitative comparisons across alternative outlooks. Sensitivity Analysis of the analysis implications of varying specific modelling assumptions or parameters or inputs – including assumptions about scenario drivers to test and – understand their significance. Social drivers Societal trends or circumstances that are expected to have a significant influence on future risks, opportunities and outcomes. Sustainable Economic development prosperity that improves human wellbeing and social resilience, while significantly reducing environmental risks and damage to scarce natural resources and ecosystem services Synergies Refers to ‘win-win’ situations where two or
per dollar of economic activity in a sector or nation. Resource efficiency The ratio of resource inputs to the value of outputs. Inputs can be defined in physical units or terms of economic value or cost. Improved resource efficiency implies that the costs involved are more than outweighed by the benefits. Scenario based approach Approaches that explore a range of potential futures, rather than focusing on one (most likely) future. Can be used to identify the implications of different choices or pathways. Scenario projections Model-based descriptions of potential futures, including indicators of key variables, to allow detailed quantitative comparisons across alternative outlooks. Sensitivity analysis Analysis of the implications of varying specific modelling assumptions or parameters or inputs – including assumptions about scenario drivers – to test and understand their significance. Social drivers Societal trends or circumstances that are expected to have a significant influence on future risks, opportunities and outcomes. Sustainable prosperity Economic development that improves human wellbeing and social resilience, while significantly reducing environmental risks and damage to scarce natural resources and ecosystem services Synergies Refers to ‘win-win’ situations where two or
CSIRO%20MAIN_REPORT%20National_Outlook_2015_RTF.docx