Our economic system depends on the natural world. Growth that results in the destruction of nature will, in the end, cease
Tony Juniper's recent article on nature and economic growth begins:
"As we debate how best to integrate environmental and economic goals, it is perhaps worth remembering that even central bankers need to eat, drink and inhale clean air. Food and water security, protection from climatic extremes, the carbon cycle, public health and the replenishment of the very air we breathe all depend on nature. It is less that nature is part of our economy, and rather that our entire economic system is a wholly owned subsidiary of nature.
During recent years there has been a series of expert reviews revealing the scale of the social and economic risks that accompany the continued degradation of nature. Some interpret these findings as a reason to oppose economic growth. The key question is, however, not about growth per se, but the style and quality of growth that we pursue. Growth that results in the destruction of nature will, in the end, cease. Economic development that, by contrast, moves toward net zero greenhouse gas emissions and the recovery of nature is a very different prospect."
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