Definitions for "Intergenerational Equity"
a core proposition is that future generations have a right to an inheritance (capital bequest) sufficient to allow them to generate a level of well-being no less than that of the current generation. Also refers to fairness in the treatment of different members of the same generation.
The concept that future generations should not have to bear the costs and consequences of actions which were of benefit mainly to present and previous generations.
the distribution of resources, including humanmade and natural capital, across human generations.
The principle that taxpayer contributions to the costs of 'social' assets should be spread over time in accordance with the manner in which benefits from such assets accrue.