Though investments in renewable energy and green infrastructure are necessary for building a sustainable world, they are not sufficient. Barring an overhaul of the global financial and monetary system, humanity will keep stumbling from one massive, destabilizing crisis to the next.
LONDON – Today’s global economy suffers from multiple imbalances. The fundamental economic objective of endless “growth” fuels increases in heat-trapping atmospheric gases above and beyond what the planet can sustain. Urbanization, pollution, soil erosion, deforestation, the destruction of wildlife, and the degradation of marine ecosystems: these and other consequences of economic activity threaten humanity’s life-support system.
LONDON – Today’s global economy suffers from multiple imbalances. The fundamental economic objective of endless “growth” fuels increases in heat-trapping atmospheric gases above and beyond what the planet can sustain. Urbanization, pollution, soil erosion, deforestation, the destruction of wildlife, and the degradation of marine ecosystems: these and other consequences of economic activity threaten humanity’s life-support system.