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State o. t. world ch.3


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Sustainable Business Environment - class

Published in: Economy & Finance, Technology
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State o. t. world ch.3

  1. 1. RECAP
  2. 2. How are these limited resources distributed or used? Human Rights Life Essentials
  3. 3. Where are we?
  4. 4. Where are we?
  6. 6. Ending poverty is possible without pressure on planetary boundaries + 3% of worlds food supply 1/3 of world’s food supply is wasted + 1% CO2 emissions
  7. 7. Sources of Pressure on Planetary Boundaries • Excessive consumption of the richest 10% • Inefficiencies in resource use • Growing global middle class
  8. 8. Moving into the safe and just space for humanity • Quantifying planetary & social boundaries • Cutting Resource intensity most affluent lifestyles (equity & sustainability) • Resource efficient technologies & production patterns • Knowledge • Empathy and long-term decision making • Rethink “Economic Development”
  9. 9. Rethink “Economic Development” ≠ GDP Growth! fails to reflect: ! Degradation ! Inequality ! Deprivation • Change way of planning E. D.  Diverse group of people for decision making • New metrics  Capture the full scope of economy  Measure “real wealth”
  10. 10. 4 significant SHIFTS (inspired by CMEPSP) 1. Measuring financial assets + monitoring changes in underlying stocks “Inclusive Wealth Index” (IWI)
  11. 11. 2. Measuring what is sold + what is provided for free. e.g. Volunteer work, Unpriced Ecosystems with value for economy. VALUABLE! but 3. Aggregates & Averages + monitoring Distribution. GDP / capita 4. Monetary Metrics + Natural and Social Metrics. $/...... m² t CO2/m³ ppm ... kg
  12. 12.  Reforming Accounting Systems “happyness accounting” “well-beeing” indicators “non-market accounting” principles of equity sustainability quality of life,…  Redefining task of economists - work together with natural scientists and social scientists - know about how this planet sustains us - know how it responds to excessive pressure from human activity - know how this undermines our well-being - incorporate human rights  design appropriate policies & regulations.
  13. 13. Governments and Economists Society Companies Every Individual
  14. 14. Governments and Economists Society Companies Every Individual  navigate humanity into the “Safe and Just Space” between planetary and social boundaries, where we are able to thrive. “Thrivability”
  15. 15. Sources: • Literature: The Worldwatch Institute (2013). State of the World 2013, Is sustainability still possible? Retrieved from: Kate Raworth (2012). A Safe and Just Space for Humanity. Can we live within the doughnut? Oxfam Discussion papers. Retrieved from: • Videos: