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Douglas Harper's Etymology Dictionary
sustainability

1907, in reference to a legal objection, from sustainable + -ity. General sense (in economics, agriculture, ecology) by 1972.\n\nSustainability is defined as a requirement of our generation to manage the resource base such that the average quality of life that we ensure ourselves can potentially be shared by all future generations. ... Development is sustainable if it involves a non-decreasing average quality of life.

[Geir B. Asheim, "Sustainability," The World Bank, 1994]

Wiktionary
sustainability

n. 1 The ability to sustain something. 2 (context ecology English) A means of configuring civilization and human activity so that society, its members and its economies are able to meet their needs and express their greatest potential in the present, while preserving biodiversity and natural ecosystems, planning and acting for the ability to maintain these ideals for future generations.

WordNet
sustainability

n. the property of being sustainable

Wikipedia
Sustainability

In ecology, sustainability (from sustain and ability) is the property of biological systems that remain diverse and productive indefinitely. Long-lived and healthy wetlands and forests are examples of sustainable biological systems. In more general terms, sustainability is the endurance of systems and processes. The organizing principle for sustainability is sustainable development, which includes the four interconnected domains: ecology, economics, politics and culture. Sustainability science is the study of sustainable development and environmental science.

Sustainability can also be defined as a socio-ecological process characterized by the pursuit of a common ideal. An ideal is by definition unattainable in a given time/space but endlessly approachable and it is this endless pursuit what builds in sustainability in the process (ibid). Healthy ecosystems and environments are necessary to the survival of humans and other organisms. Ways of reducing negative human impact are environmentally-friendly chemical engineering, environmental resources management and environmental protection. Information is gained from green chemistry, earth science, environmental science and conservation biology. Ecological economics studies the fields of academic research that aim to address human economies and natural ecosystems.

Moving towards sustainability is also a social challenge that entails international and national law, urban planning and transport, local and individual lifestyles and ethical consumerism. Ways of living more sustainably can take many forms from reorganizing living conditions (e.g., ecovillages, eco-municipalities and sustainable cities), reappraising economic sectors ( permaculture, green building, sustainable agriculture), or work practices ( sustainable architecture), using science to develop new technologies ( green technologies, renewable energy and sustainable fission and fusion power), or designing systems in a flexible and reversible manner, and adjusting individual lifestyles that conserve natural resources.

Despite the increased popularity of the use of the term "sustainability", the possibility that human societies will achieve environmental sustainability has been, and continues to be, questioned—in light of environmental degradation, climate change, overconsumption, population growth and societies' pursuit of indefinite economic growth in a closed system.

Usage examples of "sustainability".

A short, witty, stinging review of sustainability, climate change, and the precautionary principle by an Oxford economist and former member of the Royal Commission on Environmental Pollution who cares more about the poor of the world than he does the elitist egos of Western environmentalists.

Given the high likelihood of armed insurrection, you are further instructed to act independently in assessing and countering threats to the long-term security of this planet and the sustainability of its status as a Concordiat-allied world with treaty obligations to fulfill.

Because there were no underground petrochemical deposits left, nor coal or natural gas, their technology was based around the concept of sustainability, benign and in harmony with the ecosystem.

As they did, new design concepts were enacted, bringing the old Mosdva dictum of sustainability to the fore, enabling them to maximise their use of dwindling mass resources.