Degrowth: slowing down rich economies to deal with climate change is a flawed idea
The notion of “degrowth” is gaining traction among some politicians in Europe. It was given a platform recently at the European Parliament’s “Beyond Growth” conference.
Jason Hickel, an economic anthropologist and one of the main advocates of degrowth, defines it as:
A planned reduction of energy and resource use designed to bring the economy back into balance with the living world in a way that reduces inequality and improves human wellbeing.
The degrowth movement’s belief is that other approaches to the ecological crisis, such as green growth and the sustainable development goals, are futile.
Dr. Anthony Nyong
The COVID-19 pandemic has not only presented health challenges but has also led to unprecedented economic and societal challenges for which circular economy solutions can serve to curb.
Samaila Zubairu
"One of the key areas for AFC going forward over the next five years is how to de-risk African infrastructure for institutional global capital. How are we able to make African investment attractive to global capital?
We do that by building a coalition of investors. We are looking at how to work with a coalition of investors from across the globe for African investment opportunities. We think it is improving."
