November Many people are already working towards a greener economy, and while an entirely green global economy may not be feasible, there are certainly steps that can be taken to improve the global standard of living while simultaneously addressing intergenerational equity and sustainable development.
But the idea has a surprisingly long pedigree. Yet it also strives for technological innovation, and this is key to creating a green economy.
There is much hope that this meeting will bring about global commitment to greening the economy, however as Pearce and colleaguesDiamondLanderBrand and many other environmentalist scientists and economists argue, this is false hope, as fully greening the economy is impossible. Our investment architectures are sometimes so complex that it becomes impossible for individuals and communities to manage their own long-term financial security.
Pearce et al.
It is the attention paid by the carpenter, the tailor, and the designer that makes this detail possible. Economically marginal regions, who are less responsible for contributing to climate change, often face greater sensitivity and exposure to climate change, and have a significantly lower adaptive capacity than better-off regions OBrien and Liechenko, In fact, the starting point for a more profound reinvention of the economy is clear.