Case studies of economic systems change in action

Published on November 12, 2023

Adopting legislation that restores ecosystems and respects future generations

  • Ecuador’s “Rights of Nature” ruling has halted plans to mine for copper and gold in Los Cedros, a protected cloud forest are unconstitutional and violate the rights of nature. 
  • The EU’s new Nature Restoration Law will set targets to restore 20% of EU land and seas by 2030, and 90% of degraded habitats by 2050 
  • Brazil’s ‘soy moratorium’ has produced a spectacular drop in Amazon deforestation. Companies have agreed not to buy soy from traders who get their supply from farmers who clear the rainforest, use slave labour or threaten Indigenous Lands.
  • Wales Future Generations Act requires public bodies to think about the long-term impact of their decisions and to prevent persistent problems such as poverty, health inequalities and climate change.
  • Similarly, the Balearic Islands’ recent Law for the Wellbeing of Present and Future Generations requires new policies to be assessed for their potential impacts on the ecological, economic and social wellbeing of present and future generations.

Evaluating economic success by its contribution to human and ecological wellbeing and adopting wellbeing frameworks

Using participatory policy making and governance over natural resources and the commons, binding codes of conduct for Multi-national Corporations and corporate and financial transfer taxes

Redesigning economies as circular systems that eliminate waste and regenerate nature

Ending fossil fuel subsidies and investing in clean energy

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