Watch the short video Flourishing on Earth, Lessons from Ecological Economics
Ecological Economics proposes a new vision of economic models and ecology’s relationship. It supports a perspective of interconnectednes between natural and human world in the way to create models that are sustainable and rigenerative. It focuses on the 4 capitals:
- Built (infrastructure and buildings)
- Natural (environmental)
- Social (quality of interactions)
- Human (skills – education)
An integrated system that consider all the four implies a shift from consumption to public good, from fossil fuels to renewable resources,from a market economy to a sustainable welfare, from a reductionist sectorised conception of science to a transdiplinary perspective.
“Ecological economics is a transdisciplinary field of study that broadly examines the relationships between ecological and economic systems. Ecological economists understand that the economy is a subsystem of a larger ecological life support system, and they strive for an ecologically sustainable, socially equitable, and economically efficient future.”- Gund Institute 2015