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Economics for a Fragile Planet - Rethinking Markets, Institutions and Governance (Hardcover, New Ed)
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Economics for a Fragile Planet - Rethinking Markets, Institutions and Governance (Hardcover, New Ed)
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In a world of growing environmental risks and ecological
scarcities, ensuring a safe Anthropocene for humankind is
essential. Managing an increasingly "fragile" planet requires new
thinking on markets, institutions and governance built on five
principles: ending the underpricing of nature, fostering collective
action, accepting absolute limits, attaining sustainability, and
promoting inclusivity. Rethinking economics and policies in this
way can help to overcome the global challenges posed by climate
change, biodiversity loss, freshwater scarcity, and deteriorating
marine and coastal habitats. It requires decoupling wealth creation
from environmental degradation through business, policy and
financial actions aimed at better stewardship of the biosphere. In
this book, renowned environmental economist Edward Barbier offers a
blueprint for a greener and more inclusive economy, and outlines
the steps we must take now to build a post-COVID world that limits
environmental threats while sustaining per capita welfare.
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