The Covid-19 pandemic has revealed the precariousness of our economies. It has called into question the measures used by governments to guide economic performance which, for many, did not reflect or deliver many of the things we valued during lockdown: family, health, community, and nature. An unprecedented window exists to question how we could design an economy to deliver more of these things in future. If metrics like GDP do not capture what we value, what alternatives exist and how could we accelerate their adoption? |
This covers:
- Current measures used by governments to guide economic performance, their origins and limitations
- Developing a new economic system which includes the right kind of measurements (as alternative to current GDP system)
- Reconsidering the underlying support system of our economic model
- The potential of the Green Deal for “competitive sustainability and resilience”
- Mainstreaming environmental, social and governance issues which are beginning to drive investment beliefs
"We are working on this because it is the right thing to do. We are not only professionals; we are not only managers. We are all fathers, sisters, brothers, mothers. We want to be on the right side of history. Be part of the solution and not a part of the problem."
Idar Kreutzer, CEP Finans Norge
"It takes a village. It’s not just the financial community, not just the regulators, not just the consumer pressure. Too often we get reductionist about this…What I see happening is we are getting surround sound. Pressure on the consumer side, governments starting to listen, more companies concerned about it either because they think it is the right thing to do or they are worried about reputational risk."
Robin Millington, CEO, Planet Tracker
"The best approach is to have a dashboard of indicators. We can all drive a car and have a dashboard with five or six different dials telling us five or six different important things, and we can assimilate that information to make decisions in the car. We should be able to do at least as well for the national economy."
Matthew Agarwala, Project Leader, Bennett Institute for Public Policy
Speakers:
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