UN High-Level Panel on Global Sustainability: The global economy has to be transformed to achieve sustainability Reply

The United Nations Secretary-General’s High-Level Panel on Global Sustainability published a report in early 2012 entitled “Resilient people, resilient planet: A future worth choosing”, detailing the panel’s vision and progress towards sustainable development (SD). The report contains 56 recommendations to put sustainable development into practice and to mainstream it into economic policy as quickly as possible.

One of the key points raised by the Panel is the requirement of transforming the global economy in order to achieve sustainability. Some of the Panel’s policy recommendations in this regard include: incorporate environmental and social costs in pricing, create an incentive road map that values long-term SD in investment and financial transactions, increase finance for SD, and expand how we measure progress by creating an SD index or a set of indicators (well, beyond the traditional GDP).

Link: http://www.un.org/gsp/

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