The concept of ‘Intergenerational Equity’ was first propounded in the UN Conference on Human Environment, 1972 at Stockholm as:
“The natural resources of earth, including air, water, land, flora and fauna and especially representative samples of natural ecosystem must be safeguarded for the benefit of the present and future generation through careful planning or management as appropriate.”
The principle of ‘Intergenerational Equity’ stipulates that the present generation should pass on to future generations enough natural resources and sufficient environmental quality that they can enjoy at least a comparable quality of life and inherit a healthy and sustainable environmental heritage. (Source: A Dictionary of Environment and Conservation)
