Ecologists Call for a Transformed Financial System – Policy Briefing Paper #34
Ecologists, alarmed by how human activity is de-pleting ecosystems faster than they can be replen-ished, have added their voices to calls for a trans-formed financial system. Ecological economists point to how excessive consumption leads to more extraction of raw materials and emissions of wastes than can be sustained on a finite planet.
The financial crisis of 2007-2008 has shown how the current financial system is neither sustain-able nor just. The human and ecological devastation that resulted from that crisis makes the search for a new financial system more urgent than ever….
