Ecological Economics and Transition

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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

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