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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Ignoring natural capital could see countries' credit ratings downgraded

"A report by the UN Environment Programme's Finance Initiative (UNEP FI) says loss of soils, forests, and fisheries, as well as rising resource costs, are likely to become increasingly important to a nation's economic health – and may therefore affect its ability to repay or refinance sovereign debt."

 

This excellent report makes the link between the world's financial debt crisis and the global ecological debt crisis. The debate on austerity gets a completely different dimension if you look at this double challenge.

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The idea to create a United Nations environmental agency is growing

The idea to create a United Nations environmental agency is growing | The Great Transition | Scoop.it
The idea to create a United Nations environmental agency following the model of the World Trade Organization (WTO) or the International Labor Organization (ILO) is growing.

 

Sounds nice in principle but what will be its powers and its mandate? What will it do better than UNEP now?

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Effective World Government Will Be Needed to Stave Off Climate Catastrophe

Effective World Government Will Be Needed to Stave Off Climate Catastrophe | The Great Transition | Scoop.it

Not technological innovation but fundamental social engineering and a radical revamping of global governance insitutions are needed to deal with the world's unsustainability crisis.

 

Gary Stix asks the right questions in this Scientific American blog article building on a scientific article which appeared this week in Science magazine.

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