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Amid the climate change crisis, the GDP metric's days are numbered

The core idea of a new GDP metric is to create a comprehensive balance sheet to demonstrate that economic progress today is illusory when it comes at the expense of future living standards. ....

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GDP's days are numbered - Taipei Times

How should we measure economic success? Criticisms of conventional indicators, particularly GDP, have abounded for years, if not decades. Environmentalists have long pointed out that GDP omits the depletion of natural assets, as well as negative externalities such as global warming. Its failure to capture unpaid but undoubtedly valuable work in the home is another glaring omission but better alternatives might soon be at hand.
In 2009, a commission led by Joseph Stiglitz, Amartya Sen and Jean-Paul Fitoussi spurred efforts to find alternative ways to gauge economic progress by recommending a “dashboard” of indicators. Since then, economists and statisticians, ....

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GDP days are numbered

How should we measure economic success? Criticisms of conventional indicators, particularly gross domestic product, have abounded for years, if not decades. Environmentalists have long pointed out that GDP omits the depletion of natural assets, as well as negative externalities such as global warming. And its failure to capture unpaid but undoubtedly. ....

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La ONU urge a la acción ante la "triple crisis ecológica" a la que se enfrenta el planeta

La ONU urge a la acción ante la "triple crisis ecológica" a la que se enfrenta el planeta
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The Brief: Financing biodiversity, halving food waste, capturing carbon, wetlands in Indonesia, dental care in Vietnam, snacks in Bangladesh

Featured: ImpactAlpha Original
Alt-credit and mobile-money apps give African fintechs a closeup view of climate risks – and opportunities. Financial technology firms have leveraged billions of data points across mobile phones and social media to transform loan underwriting for the emerging consumer class. In turn, data from those users is providing fintech service providers real-time insight into something else: the accelerating climate impacts on farmers and rural communities and the urban poor. In Africa, demand for climate data is growing across supply chains to underwrite micro-insurance for farmers and logistics operators, hedge supply-chain risk, and also create a variety of derivatives and other sophisticated products. “Fintech can supercharge the reach and affordability of solutions that have the potential to reduce the exposure of climate vulnerable populations and help them with preparedness,” says ....

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