We must act now to tackle the escalating climate crisis and rising poverty. For the first time in a generation, the number of people living in extreme poverty
The geopolitical landscape is now extremely polarised, in large part because multilateral institutions and processes have repeatedly failed the global majority
Over 25 economic thinkers are concerned that the summit for a new global financing pact will not deliver its original ambition of a true pact that would increase financial solidarity with low-income countries.
The recent Paris Summit for a New Global Financing Pact was touted by its organizers, including French President Emmanuel Macron, as a
The bad news? If humanity continues on the current path of slow, incremental change - a.k.a the #Earth4All Too Little Too Late scenario- average wellbeing will decline.But here's the good news! 🌟...
The Wellbeing Economy Alliance (WEAll) describes what the economy needs to deliver for human and ecological wellbeing as follows: Dignity: Everyone has enough to live in comfort, safety and happiness. Nature: A restored and safe natural world for all life. Connection: A sense of belonging and institutions that serve the common good. Fairness: Justice in all its dimensions at the heart of economic systems, and the gap between the richest and poorest greatly reduced. Participation: Citizens are actively engaged in their communities and locally rooted economies......The Earth4All Wellbeing Index incorporates: Dignity: worker disposable income (after tax). Nature: climate change (global surface average temperature, in Celsius) – used as a proxy for many other environmental dimensions. Connection: government services indicated by spending per person, i.e., to institutions that serve the common good. Fairness: the ratio of owner income after tax to worker income after tax – representing inequality in society. Participation: people’s observed progress (previously improving wellbeing) and labour participation
As a reaction to the limitations of GDP growth, ideas around wellbeing economics are gaining increased attention.
Well-being, or wellbeing,[1] also known as wellness, prudential value, prosperity or quality of life, refers to what is intrinsically valuable relative to someone. So the well-being of a person is what is ultimately good for this person, what is in the self-interest of this person.[2] Well-being can refer to both positive and negative well-being...
❌ Eradicate extreme poverty 🤝 Inequality reduces💸 Wealth is more fairly distributed⬇️ Social tension falls🌎 Climate stabilises well below 2°C
What if we make the greatest economic transformation in history?
honest humility ... I don't know how to solve this. I need your support ... We are kind of organizing this process but I can't do it without you ... You don't lose your face when you say I can't do it alone and all these things
sustainability is often discussed at a very technical level, but in the end it's about human beings caring, about the well-being of their children, the well-being of the non-human life around them ... it's about an emotion that connects people
Governance model is very important, not other than policy instruments. We need a governance model. Without a good governance model, those policy instruments or policies may not be chosen. Chooser may not be used may not be used properly
