The report Other Worlds Are Possible: Human progress in an age of climate change includes proposals for new development models from leading economists based in developing countries.
Download the report here and disucss it on Indian Environment Network.
Featuring contributions from Dr Rajendra Pachauri (Chairman of the Nobel Peace Prize-winning Intergovernmental Panel on Climate Change), Professor Herman Daly (Leading environmental economist and winner of Right Livelihood Award), Professor Wangari Maathai (Nobel Peace Prize winner), Professor Manfred Max-Neef (environmental economist and winner of the Right Livelihood Award), Professor Jayati Ghosh (economist) and David Woodward (nef fellow).
Building on the findings of previous Up in Smoke? reports, Other Worlds are Possible calls for new economic approaches to international development which are more in tune with the needs of people and the planet.
The report describes how the costs and benefits of global economic growth have been very unfairly distributed, with those on lowest incomes getting the fewest benefits and paying the highest costs. A wide range of examples of more positive approaches are given from the wide, practical experience of the agencies in the coalition. Altogether they paint a picture of more qualitative development that is not dependent on further global over-consumption by the already rich, in the hope that crumbs of poverty alleviation are perhaps passed to those at the bottom of the income pile.
Other Worlds are Possible notes that difference between success and failure in the international climate negotiations will be whether governments and financial institutions continue to support old, failed economic approaches, with their policy frameworks and our financial resources, or whether they will move to encourage and replicate new approaches that take account of our changed economic and environmental circumstances. This timely report makes the case in compelling terms that there is not one model of economic development; there are many.
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