Global Consensus: The world to look like in 2050

The world we want in 2050: a green, inclusive and regenerative economy

The world we want in 2050: a green, inclusive and regenerative economy

A network of engaged people from all over the word, in all sectors have together formulated some aspirations for what ‘A Safe and Sustainable Future’ may look like.

Here’s a short recap of how we envision the world to look like in 2050.

1. An environment in balance

  • The world has avoided run-away climate change and restricted global temperature rises to below 2 degrees Celsius, with atmospheric CO2 concentration around 350 ppm through global emission reductions of 50 – 80 %
  • We have reversed the current rate of ecosystem degradation
  • Widespread deployment of clean energy and energy efficiency measures provide for a low carbon society. Renewables constitute for the major part of the global energy supply
  • Natural capital is appropriately valued and costs are internalized in markets
  • The value of water is recognized and paid for. Global freshwater use is prudently managed and does not exceed 4000 km3
  • An involved agriculture sector feeds an additional 3 billion people while using less energy and water and avoiding land degradation
  • We have reduced the levels of resource extraction, consumption and waste as part of moving towards a circular economy

2. A stable and prosperous society

  • The world population has stabilized at sustainable numbers as a result of access to family planning and healthcare, empowerment of women and wider access to education
  • Extreme poverty has been eliminated
  • We have achieved long term food security globally
  • All people have access to safe drinking water and adequate sanitation
  • There are universal access to good quality healthcare service
  • There are universal access to primary and secondary education
  • A thriving and inclusive economy provides all people with a chance for work, helping to reduce income and gender inequality
  • There is no tolerance for child or forced labour
  • Cultural diversity is fostered and encouraged with innovation, art and entrepreneurship valued
  • The UN Sustainable Development Goals agreed in 2015 have all been met

3. A green, inclusive and regenerative economy

  • Wealth and progress is no longer measured by GDP alone
  • Financial markets internationally seek to create social, environmental and economic value along with financial returns
  • Business factor in all their outputs including negative social and environmental impacts which are no longer seen as “external” to the balance sheet
  • A circular economy has been established with materials used efficiently so that embedded resources are not lost
  • Labour practices are sound, with industries striving to provide healthy, safe, secure and fulfilling working conditions
  • Economies are more decentralized, operating with greater focus on local production, local ownership and local markets
  • Climate-smart policies are in place to stabilize global emissions, enhance development, reduce vulnerabilities and finance low carbon growth
  • Sustainable performance is incentivized and perverse subsidies that lead to environmental and social damage have been eliminated

Source The Ny-Ålesund Symposium 2014

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