Excerpt from nef Triple Crunch blog, 30 November 2009
'Climate change, important as it is, is nevertheless a symptom of a deeper malady, namely our fixation on unlimited growth of the economy as the solution to nearly all problems. Apply an anodyne to climate and, if growth continues, something else will soon burst through limits of past adaptation and finitude, thereby becoming the new crisis on which to focus our worries...'
From the new economics foundation
'Other Worlds are Possible, a new report on climate change and development published today, features contributions from...Dr Rajendra Pachauri (Chairman of the Nobel Peace Prize-winning Intergovernmental Panel on Climate Change), Professor Herman Daly (Leading environmental economist and winner of Right Livelihood Award), Professor Wangari Maathai (Nobel Peace Prize winner), Professor Manfred Max-Neef (environmental economist and winner of the Right Livelihood Award), Professor Jayati Ghosh (economist) and David Woodward (nef fellow).
Building on the findings of previous 'Up in Smoke?' reports, 'Other Worlds are Possible' calls for new economic approaches to international development which are more in tune with the needs of people and the planet.
The report describes how the costs and benefits of global economic growth have been very unfairly distributed, with those on lowest incomes getting the fewest benefits and paying the highest costs. A wide range of examples of more positive approaches are given from the wide, practical experience of the agencies in the coalition. Altogether they paint a picture of more qualitative development that is not dependent on further global over-consumption by the already rich, in the hope that crumbs of poverty alleviation are perhaps passed to those at the bottom of the income pile.
'Other Worlds are Possible' notes that difference between success and failure in the international climate negotiations will be whether governments and financial institutions continue to support old, failed economic approaches, with their policy frameworks and our financial resources, or whether they will move to encourage and replicate new approaches that take account of our changed economic and environmental circumstances. This timely report makes the case in compelling terms that there is not one model of economic development; there are many.'
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