The global economic system is conventionally built on a linear model of production and consumption, which is dependent on an unlimited supply of natural resources that can be extracted, processed and discarded. This model creates a significant amount of waste along the entire value chain with significant impacts for GHG emissions. For example, more than […]
Author: hahamama
Circular economy
The economic growth debate
Alternative economic models that challenge the current growth-driven paradigm typically include proposals for reducing the size of economies (degrowth) or, at the very least, a shift away from the pursuit of economic growth as an objective. They also feature a search for alternatives to growth (typically expressed as GDP) as measures of societal and economic success (Roulet & Bothello, […]
Decoupling growth
Our current financial system is built on the idea of infinite economic growth. Reliant on ever-increasing quantities of production, consumption and financial returns, this system requires continuous growth in order to maintain its stability. However, more than a century of unsustainable consumption and production has eroded our natural capital, transgressed the safe operating space for […]
India-based renewable energy
Innovation. Broadly.
Drivers of innovation Innovation usually happens in response to problems, constraints or opportunities. While the word “innovation” is often associated with technological innovation, it encompasses a much wider range of contexts, including systems, processes, behaviours and institutions. In many cases, innovation in these contexts depend on each other. In fact, the UK Committee on Climate […]
Innovation – Social and Institutional
Throughout history, the ability to generate new ideas and solutions has been an essential component of human progress and survival. Innovation has laid the foundations for significant economic, social and technological developments. As a result, humanity has experienced improved living standards, sustained economic growth, advanced healthcare systems and increasingly efficient manufacturing and production processes. However, […]