by Guy Dauncey
In September 2018, the Paris-based Institute for Sustainable Development and International Relations (IDDRI) published a report on An agro-ecological Europe by 2050: Multifunctional Agriculture for Healthy Eating, in which the authors found that a fully agro-ecological Europe could sustainably feed 530 million Europeans by 2050.
In his fascinating new book Eating Tomorrow: Agribusiness, Family Farmers, and the Battle for the Future of Food, Timothy Wise, who is senior research at the Small Planet Institute, comes to very similar conclusions for countries like Malawi, Mozambique and Zambia.
I have captured the possibility of an agro-ecological future and compared it to the current reality in these two diagrams. They are too big to display, so click on each phrase below to see the full diagrams:
by Guy Dauncey
First published in The Mint – Fresh Thinking in Economics, June 2019
How can we turn around the world’s financial institutions so that their creation of money serves to construct a new ecological civilization, rather than destroy our current civilization through the financing of ecological and climate catastrophe? It’s a massive problem that needs multiple solutions.
Before we turn our attention to some possible solutions, we need some context. Global GDP in 2018 was $87.5 trillion. Global debt, created by the world’s financial institutions, was $247 trillion, growing by $14 trillion a year. Between 2005 and 2016 the debt increased by 73%, split between governments ($63 trillion), non-financial corporations ($68 trillion) and private households ($44 trillion).
Continue reading Five Ways to Achieve Ecologically Sustainable Finance