Climate Change and the Economic Crisis; Is prosperity possible without growth?
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This document discusses whether prosperity is possible without economic growth given climate change constraints. It presents a study that models scenarios for Canada including: 1) business as usual GDP growth, 2) a low/no growth scenario stabilized by carbon pricing, shorter work years, and anti-poverty programs. The low-growth scenario shows stable GDP, reduced emissions and poverty, low unemployment, and balanced budgets without relying on growth. The study concludes prosperity is possible without growth if income is at a sustainable level based on responding to the climate crisis and changing the economic system.
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Adjusting GDP for carbon emissions for the first time reveals a dramatically different portrait of the global economy. Global GDP shrinks by 8% when accounting for the costs of carbon, and the global economy is shown to be stagnant or shrinking rather than growing. Key findings include that global growth in 2023 was estimated to be 3% under traditional GDP but was between 0-4% decline when adjusted for carbon under the new GDP 2.0 metric. The implications of this stagnant or declining global economic reality are severe for business, politics, and society.Introduction. EaP GREEN 
Introduction. EaP GREEN Research Institute of the Ministry of Economic Development and Trade
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This document discusses the need to transition to a green economy. It provides definitions of a green economy as one that drives economic growth and jobs through reducing environmental degradation and resource use. Investing 2% of global GDP annually in key green sectors like agriculture, manufacturing, and renewable energy could stimulate higher long-term growth while preserving natural capital and reducing poverty and inequality compared to business as usual. Case studies show countries investing in green stimulus and sectors seeing benefits like new export opportunities and improved trade balances.Balancing Economics & Ethics
Balancing Economics & EthicsPaul H. Carr
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Pope Francis' encyclical questions the ethics of market capitalism leading to climate change and inequality. It argues that the pursuit of individual economic gain, as promoted by concepts like the invisible hand, ignores the tragedy of the commons where individual actions negatively impact the common good. The document calls for balancing liberty and law to achieve justice, and regulating capital through policies like progressive wealth taxes. It emphasizes caring for our common home and appeals for a new dialogue on shaping our planet's future that includes all people.Climate change and economic growth.pptx
Climate change and economic growth.pptxGovt.college,Nagda, ujjain.M.P
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This presentation explores how climate change alters the pursuit of economic development: the transformation of poor economies and their people into prosperous ones.
This is hardly the first attempt to reconcile the climate agenda with that of economic development. The United Nations Sustainable Development Goals are significant for defining a dual agenda where development targets for people and planet sit alongside each other in a unifying framework.1 Much commentary focuses on the compatibility of the two agendas. A radical and specious view pits progress on climate change and economic development as strict substitutes and calls for no less than the unravelling of economic development to save the planet.2 Cooler heads point instead to their complementarity: the critical role of economic development in supporting adaptation and the recognition that investments in the green transition will propel economies rather than sacrifice living standards.3
In contrast, this essay takes as its starting point that the goals and salience of economic development are immutable. The question posed here is how the quest for economic development changes in a world gripped by a changing climate. The essay argues that climate change will force three major changes: a reappraisal of the causes of and prospects for development, the rebirth of the economics of transition, and a reformulation of the problem development is trying to solve. In a final section, it asks what these changes could mean for international security and for the community of national and global actors who set policy and strategy in this field.Enhancing Food Security in the Face of Climate Change - David Radcliffe
Enhancing Food Security in the Face of Climate Change - David RadcliffeCCAFS | CGIAR Research Program on Climate Change, Agriculture and Food Security
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Building climate resilience for food security and nutrition
Building climate resilience for food security and nutritionInternational Food Policy Research Institute (IFPRI)
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More from Goteo / Platoniq (18)
Growth, Degrowth, and Justice
Growth, Degrowth, and JusticeGoteo / Platoniq
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The document summarizes Dr. Barbara Muraca's presentation on the relationship between growth, degrowth, and justice. It discusses three approaches to justice - welfarism, resourcism, and the capabilities approach. It also addresses claims that growth is necessary for justice and can threaten justice, and explores how the different approaches to justice relate to debates around growth and degrowth.Sociology and de-growth; social change, entropy and evolution in a way-down era
Sociology and de-growth; social change, entropy and evolution in a way-down eraGoteo / Platoniq
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The document discusses the concept of a steady-state economy and debates whether sustainable development or degrowth is a better approach to achieving it. It notes that while both could lead to a steady-state under carrying capacity, degrowth may be inevitable given environmental limits. The discussion explores human evolution under conditions of scarcity, historical evidence of societal collapses, and different philosophical perspectives. Governance challenges of sustainability in a complex system are also covered.Degrowth; Proposals and Questions
Degrowth; Proposals and QuestionsGoteo / Platoniq
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The document discusses some challenges that may arise during an economic transition to degrowth and sustainability. It raises several "inconvenient questions" about whether it is realistic to: (1) envision a return to rural areas and rise in agriculture; (2) envision a reduction in work hours; and (3) sustain a welfare state with reduced GDP and tax income. It notes that addressing these challenges will require non-remunerated work and redesigning social welfare systems. The document concludes that transitioning to sustainability will not be easy and will likely involve hard conflicts that must be confronted openly.Barkin decrecbarcelona
Barkin decrecbarcelonaGoteo / Platoniq
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This document discusses strategies for sustainable development through degrowth and strengthening tradition. It proposes alternative social models based on rural resurgence, dynamic agriculture, and productive diversity. Specific strategies mentioned include developing autonomous and self-sufficient communities through diversifying production, ecosystem management, and renewable energy. Local knowledge and networks would be strengthened to build a solidarity economy with quality, sustainable systems and regional barter markets. Overall, the document advocates for developing local solutions and traditional knowledge as alternatives to mainstream development models.Pathways to Sustainable Development; Co-optimizing Economic Welfare, Employme...
Pathways to Sustainable Development; Co-optimizing Economic Welfare, Employme...Goteo / Platoniq
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Technological change and globalization are major drivers that affect the environment, economy, and work. These three areas need to be addressed together in a coherent way. Strategic interventions are needed to change production and service systems, demand, and the financial system to improve economic welfare, employment, and the environment. Government, corporations, and consumers all have roles to play along a continuum from minimal to interventionist approaches. Technology-based strategies that consider employment, competitiveness, and the environment can help by expanding the scope of innovation.Entropy, evolution, and the way-down
Entropy, evolution, and the way-downGoteo / Platoniq
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The document discusses limits to growth and sustainability. It summarizes views that once collapse was unthinkable but is now entering public discourse. It also shows that ecosystem services are declining and the world ecological footprint exceeds what is sustainable. The rest of the document discusses debates around sustainable development versus degrowth approaches, and human evolution, historical evidence, and the prospects for an orderly versus chaotic decline in societies that have exceeded ecological limits.Degrowth and unemployment; Guaranteed jobs?
Degrowth and unemployment; Guaranteed jobs?Goteo / Platoniq
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The document discusses different policy approaches to addressing unemployment, including guaranteed jobs programs. It argues that joblessness causes psychological and social issues distinct from poverty, and that societies could guarantee jobs just as they guarantee other public services like education. Guaranteed jobs are presented as a solution that treats full employment as a political rather than purely economic issue, and could help support degrowth by decoupling jobs from economic growth. Examples of existing guaranteed jobs programs in places like India and Argentina are provided. Alternative policies around welfare, subsidizing private sector hiring, and reducing working hours are discussed but presented as indirect approaches compared to directly guaranteeing employment.Measuring progress towards a steady state economy
Measuring progress towards a steady state economyGoteo / Platoniq
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This document summarizes Daniel O'Neill's research on measuring progress towards a steady state economy (SSE). It presents a conceptual framework with socio-economic and biophysical indicators to measure stocks, flows, and scale of resource use. Preliminary results show that most economies are still growing, some are degrowing but not where most needed, and none have achieved a steady state. Life expectancy and satisfaction are highest in degrowing and stable economies. Unemployment and inflation remain challenges to address with policy changes to achieve an SSE. The research provides a way to measure progress towards macroeconomic goals aligned with sustainability.Save by Sharing
Save by SharingGoteo / Platoniq
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Collective housing aims to simplify everyday life through shared common spaces and facilities while promoting sustainable lifestyles. Sharing items like tools, workshops, and subscriptions across 15-40 households can save 10% of normal private space usage. The Stolplyckan model in Link旦ping includes 184 apartments divided into staircases, 2000 square meters of common space, and municipal child and elderly services. Collective housing traditionally appealed to well-educated 1940s workers and families but now includes a more diverse mix like single mothers and seniors. Individualism may reduce health by limiting social interaction, while communal spaces can foster local tasks, organization, and economy for improved well-being.DeGrowth & Conservation; Lessons from Pre-Industrial Societies
DeGrowth & Conservation; Lessons from Pre-Industrial SocietiesGoteo / Platoniq
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This document discusses lessons that can be learned from pre-industrial societies regarding sustainable resource use and conservation. It notes that ancient hunter-gatherer societies experienced periods of resource scarcity until around 8,000 BCE, after which no major extinction events were recorded until modern times. Pre-industrial societies developed cultural practices like sacred habitats, hunting restrictions, and community memory to prevent overexploitation and ensure equitable resource access across generations. In contrast, industrial societies prioritize private profit and growth without restraint, discounting environmental costs. The document argues for an eco-socialist model with civic democracy, biocentric ethics, and power vested in communities rather than private accumulation to achieve long-term conservation.Implementing Degrowth; Evolutionary Economic Perspectives
Implementing Degrowth; Evolutionary Economic PerspectivesGoteo / Platoniq
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This document outlines an approach to implementing degrowth through subordinate property expansion to eco-social considerations. It proposes an integrated multi-level strategy involving scoping property, regulating capitalization, orienting investments, allocating returns, and confining property expansion within sustainable development corridors monitored at multiple levels. However, the main obstacles to this transition are the vested interests enforcing the institutional lock-in of expanding property and capitalism through increasingly compatible arrangements that marginalize environmental objectives and alternatives to growth.Help! Six types of degrowth
Help! Six types of degrowthGoteo / Platoniq
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The document summarizes six different interpretations of the concept of "degrowth": 1) GDP degrowth, 2) consumption degrowth, 3) work-time degrowth, 4) radical degrowth, 5) physical degrowth, and 6) GDP fetishism degrowth. It analyzes each interpretation and argues that types 1, 2, and 4 are not very convincing, while type 5 is not new. It concludes that type 3 makes the most sense and that focusing on effective environmental policies and democratic support for such policies is more important than whether they lead to GDP growth or degrowth.Degrowth with an aging population
Degrowth with an aging populationGoteo / Platoniq
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1) Decreasing working hours through more leisure time and earlier retirement could reduce environmental impact by about 35% by 2050, more than any other single measure.
2) However, with an aging population and declining birth rates, there will be fewer working people to support more retired people through pension systems.
3) This will require substantial tax increases to fund up to 50% of the national income being transferred to pensioners, compared to around 15% currently, highlighting the challenge of solidarity between generations.Degrowth: tentative ideas about a research agenda
Degrowth: tentative ideas about a research agendaGoteo / Platoniq
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This document outlines a tentative research agenda for degrowth. It begins by defining degrowth as the reduction of production and consumption through downscaling, decolonization of growth-centric imaginations, and reducing the domain of market rationality. The document then notes strengths and weaknesses of current degrowth research. It proposes strengthening theoretical and empirical arguments against growth, modeling sustainability under degrowth, and examining political and structural barriers to transition. The agenda also suggests engaging with internal contradictions and developing a coherent degrowth theory to explain how and why alternative systems work.The Chicken/Egg Spiral
The Chicken/Egg SpiralGoteo / Platoniq
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The document discusses the relationship between economic growth, environmental protection, and technological progress. It argues that while technological progress is often seen as decoupling economic growth from environmental impacts, in reality technological progress and economic growth are interlinked and both depend on natural capital stocks. Even with efficiency gains from technological progress, rising production and consumption will continue to increase environmental pressures unless the overall scale of the economy remains within ecological limits. A steady state economy with stable or mildly fluctuating production and consumption is needed for long-term sustainability.Happy Degrowth vs Unhappy Growth
Happy Degrowth vs Unhappy GrowthGoteo / Platoniq
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The document outlines an endogenous growth model that examines the relationship between economic growth, well-being, and sustainability. It presents a model where individuals derive utility from private consumption, leisure, social status compared to others, and consumption of relational goods. The model compares outcomes under decentralized, myopically planned, and centrally planned economies. It shows that the optimal outcome is characterized by high leisure, low or zero growth, and requires planning - it cannot be achieved through laissez-faire policies. The transition to the optimal steady state may require a period of negative growth.Collapse and stabilisation instead of degrowth?
Collapse and stabilisation instead of degrowth?Goteo / Platoniq
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The document discusses the global debt problem and its implications for economic growth and degrowth strategies. It argues that massive debt write-downs are inevitable due to an impending economic collapse brought on by unsustainable debt levels. This collapse will result in the degrowth wanted by proponents of degrowth, but risks restoring pro-growth systems afterwards. Short-term solutions like debt forgiveness or creating non-debt money are proposed to avoid economic and social breakdown in the interim. Long-term, a dual currency system is suggested to separate money for spending and saving.2010 Norgard Amateur Econ Barcelona
2010 Norgard Amateur Econ BarcelonaGoteo / Platoniq
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This document summarizes a presentation given at the Second Degrowth Conference in Barcelona, Spain in 2010. The presentation argues that sustainable degrowth can be achieved through promoting an amateur economy, where activities are driven by love, affection, and other non-monetary motivations, rather than a professional economy focused solely on monetary outputs. It suggests the amateur economy could increase happiness while reducing environmental impacts. Charts are presented showing relationships between GDP, genuine progress, work hours, and happiness to support developing a whole economy approach centered on well-being rather than growth.Climate Change and the Economic Crisis; Is prosperity possible without growth?
- 1. Climate Change and the Economic Crisis: Is prosperity possible without growth? Dr. Peter A. Victor 26 March 2010
- 2. Can we have full employment, no poverty, fiscal balance, reduced GHG emissions without relying on economic growth? LowGrow Canada
- 3. You bet! LowGrow Canada
- 4. Business as usual GDP per Capita GHG Emissions Poverty Debt to GDP Ratio Unemployment
- 5. A low/no growth scenario How? Macro demand and supply stabilized (stable population and labour force) Carbon price Shorter work year More generous anti-poverty programs GDP per Capita GHG Emissions Unemployment Poverty Debt to GDP Ratio
- 6. Generating a Canadian degrowth scenario 1. Maximum sustainable global GDP: GDP with global ecological footprint = biocapacity Larger if carbon footprint reduced 2. Maximum sustainable average GDP/capita: Allow for increase in population 3. Canadian sustainable GDP/capita: Some multiple of average GDP/capita 4. LowGrow simulation for Canada
- 7. Global biocapacity Global ecological footprint Carbon footprint
- 8. Global biocapacity Global ecological footprint Carbon footprint Carbon footprint for ecological footprint = biocapacity
- 10. [1976]
- 11. A Canadian degrowth scenario GDP per Capita Unemployment Poverty GHG Emissions Debt to GDP Ratio
- 15. The scenarios compared: growth drivers
- 16. The scenarios compared: growth drivers
- 17. Conclusions 1. Simulations suggest that prosperity does not require GDP growth 2. Depends on level of sustainable income which in part depends on response to climate crisis 3. Changes in the economic system require clarification