Worldwatch Institute's Green Economy Program recognizes that the global environmental and economic crises have common origins and must be tackled together. The program seeks to offer solutions that enhance human wellbeing and reduce inequities while protecting the planet.
The dual crises share the same roots, namely a narrow pre-occupation with short-term gain at the expense of long-term sustainability. Solving both of them requires technological leapfrogging, bold policy innovations, and a new solidarity across borders, social classes, and generations. Infusing economic structures with democratic and participatory principles is also required.
Support is growing around the world for an integrated approach increasingly referred to as a "Green New Deal." The idea builds on the 1930s' U.S. New Deal, which entailed visionary planning, ambitious public programs, and social protections to escape the clutches of the Great Depression.
While job creation is essential, a meaningful solution to today's problems lies not in simply restarting the engine of consumption. That approach led to the degradation and depletion of the planet's resources even as it failed to meet the basic needs of the majority of humanity. The current crisis offers a unique opportunity for laying the foundation for a greener and fairer global economy.