By Emily Benson - Green Economy Coalition – April, 2014
2014 marks an important, if unnoticed, anniversary. Gross Domestic Product (GDP) is now eighty years old. Born in 1934 and in active service until 1944, GDP is an elderly pensioner. The measurement has had a venerable career; having originally been devised to provide information about economic activity during the Great Depression, GDP is now an unrivalled authority for measuring national progress across the world.
By Emily Benson - Green Economy Coalition – February, 2012
On Monday, Moody’s credit rating agency announced that the British economy has a ‘negative outlook’. These two small words have sent shivers through the Treasury and the city. Downgrading the creditworthiness of a national economy can have such catastrophic impacts on investment flows that governments have come to fear the verdicts of the large credit rating agencies.
How can markets, governments, companies and consumers together make the needed transition to a sustainable Green Economy? This is one of the key questions to be discussed during the last phase of the preparatory process of the Rio+20 conference. The negotiations need to aim at a bold and innovative decision; one which will be vital to the success of the conference, and contribute to the future we want. To this end, the zero draft represents a good starting point, referencing the disclosure of sustainability information by businesses.
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