Rida Ali’s Post

Congratulations to Teng Siang who won the Northeastern University London Essay Competition in the Business subject category! 🥇 In his thought-provoking essay, Teng Siang explored the intricate link between the cost of living crisis and sustainable consumption. He argued that while sustainability is key for long-term environmental protection, it often intensifies short-term financial challenges for households. Out of 5,000 entries, his essay stood out as the top in the Business category. Teng Siang proposed solutions like consumer rebates and tax incentives, but also highlighted the limitations faced by developing countries with fewer resources. His analysis touched on key issues such as economic inequality, consumer behaviour, and corporate lobbying, concluding that although balancing economic relief with sustainability is achievable, it remains a complex challenge. #KTJSixthForm #KTJInspiringFutures #KTJSustainable #KTJIntegrity #KTJSuperCurriculum #MakeItWithKTJ

Gretchen Daily is pioneering a shift in economics to account for the value of nature, influencing global leaders to integrate environmental conservation into economic policies through tools like InVEST. This could transform how economic metrics are defined and implemented, prioritizing sustainability. #SustainableEconomics #EnvironmentalImpact #FlexCOO https://bit.ly/3UaKORN

🌐 Navigating the Interplay of Economy, Politics, and Environment 🌍 Understanding the intricate dance between the economy, politics, and the environment shapes not only our perception of the problem but also the solutions we pursue. In our globalized world, mainstream approaches often prioritize economic interests, influencing policies that impact our environment. Let's dive into some key perspectives and critiques. 🔍 Framings Matter: The lens through which we view the relationship between the economy and the environment significantly impacts the solutions we choose. Framings aren't just words; they have tangible consequences through institutions, laws, and more. 📚 Categories of Worldviews by Clapp and Dauvergne (2011): - Market Liberals: Prioritize economic growth, relying on the market and technology for solutions. - Institutionalists: Emphasize the role of institutions and governance, sharing faith in markets, technology, and growth. - Social Greens: Focus on the intersection of social justice and environmental change, recognizing power structures in capitalism. - Bio-environmentalists: Emphasize deep green ideas, self-sufficiency, and a critique of unsustainable growth. 🌱 Core Assumptions in Conventional Economics Applied to the Environment: - Polluter Pays Principle: Those causing pollution should bear the costs of managing it. - Willingness to Pay: Exploring payments for environmental services, distinct from accepting harm. - Differential Valuing of Life: Treating environmental resources as commodities, emphasizing tradeability. - Centrality of Efficiency: Critiquing traditional environmental policy tools in favour of efficiency. - Other Market Failures: Viewing environmental issues as stemming from market failures, addressing property rights and underpricing goods. In a world dominated by market liberals and institutionalists, these perspectives drive environmental policies in the Global North and South. Recognizing these frameworks is crucial as we navigate the complexities of sustainable development. 🔄💚 #Economy #Environment #Sustainability 🌿

In a world where environmental concerns intersect with economic decisions, our Green Economy Modelling executive course is a beacon of knowledge. Delve into the intricacies of green economy modelling, where you'll establish crucial relationships between policy targets and economic, environmental, and social dimensions. Learn to project policy impacts, analyse alternative measures, and identify cross-sectoral synergies. This course goes beyond theory – it equips you to assess the economic, social, and environmental impacts of green policies. https://lnkd.in/dXwJ4a7b #EMAEconomicModelling #GreenEconomy #EMAxGIBS

I'm thrilled to share that our latest article with Giorgos Galanis, Mauro Napoletano, Alessandro Sapio and olivier vardakoulias, titled "Defining Just Transition," has been published in the Ecological Economics. In this work, we tackle the critical socio-economic risks of climate change, a topic that continues to spark heated debates among academics and policymakers alike. While there's consensus that the transition to a low-carbon economy should be socially just, what exactly makes a policy "just" remains unclear. In our paper, we draw on distributive justice theories, arguing that a just transition should: - Minimise relative costs for the most vulnerable populations. - Account for uneven responsibility in causing environmental damage, ensuring that those with greater responsibility shoulder a fairer share of the transition costs. We hope this framework contributes to shaping policies that create an equitable path toward sustainability. 🌱 Feel free to dive deeper into our research and share your thoughts! https://lnkd.in/eZcgwxDw #ClimateChange #JustTransition #Sustainability #EcologicalEconomics #Policy #Research

🌍 Tackling the Economic Drivers of Deforestation 🌳 As part of my MSc in Money, Banking, and Finance at the University of Birmingham, I recently completed an in-depth analysis of the economics of tropical deforestation. This project challenged me to examine the intersection of global markets, governance, and environmental sustainability. 🔍 Key Insights from My Research: Economic Forces at Play 💹 : Agricultural expansion for commodities like soy, palm oil, and beef remains a dominant factor, driven by global market demand. Balancing profitability with ecological preservation is a significant challenge. Policy and Governance Matters 🪙 : Weak land tenure systems and subsidies incentivizing biofuel production are critical drivers of deforestation. Clear property rights and robust governance are essential for sustainable forest management. A Global Responsibility 🌍 : From global trade policies to technological advancements, international collaboration is key to aligning economic development with environmental stewardship. 📊 What This Means: I developed data-driven insights and proposed policy solutions, combining economic analysis with sustainability frameworks. This experience deepened my expertise in environmental economics, global trade impacts, and policy design. 💡 Why This Matters to Me: I am passionate about creating actionable solutions where economic growth and environmental conservation intersect. I aim to contribute to organizations focused on sustainable development, ESG initiatives, or policymaking. I’d be thrilled to connect with professionals and organizations working in sustainability, finance, or policymaking 🌱 #Economics #Sustainability #NaturalResources #ESG #PolicyDesign #GlobalMarkets

This approach is particularly timely as it provides a way to prioritize economic development and sustainability in policy design. It remains to be seen how the framework will influence future discussions on balancing economic progress and environmental responsibility

This is a very insightful article on competition and sustainability that highlights that sometimes we need to reduce our consumption (and companies have to increase prices), and that the consumption reduction (and price increase) can be in line with core competition policy principles. As a starting point, market distorting subsidies and tax differences often favoring unsustainable products should be eliminated to reduce the impact of climate change. This will level playing field and enhance competition.

One of earlier thing I learned about economics and the environment was during conversation with Dr. Mahyudin Ahmad or we call him abang Din at that time. He asked me about my course and casually told me about the problem of externalities in economics when dealing with pollution. Nowadays with the rise of SDG and ESG, suddenly everyone 'voluntarily' admitted their own pollution! In the earlier part of this book, Prof Mazzucato discussed on the evolution of 'value' and related concepts such as wages, profits and rents. Interestingly, she referred to the work of Quesney which believed that the land (think of agriculture, timbers and minerals) is the source of value in the economics. Maybe in the near future some Prof X or Prof Y will write on the evolution of pollution, perhaps. #sdg #esg #marianamazzucato

"The Ethocracy", a New Age Economic Theory. In the Ethocracy the economy is driven by socio-liberal ideas, it combines ethics and economy ( Ethoconomy).   This system prioritizes the triple bottom line: profit, people, and planet,  ensuring businesses remain accountable to all stakeholders. *Key principles include: Triple Bottom Line: Evaluating success based on profit, people, and planet,  ensuring that financial gain supports societal and environmental well-being. *Ethical Accountability:  Companies are accountable to stakeholders,  including employees, customers, and communities. Transparent reporting on social and environmental impact is mandatory. *Incentives for Good:  Businesses that demonstrate positive impacts receive  tax breaks, subsidies, or other incentives to encourage sustainable practices. Innovation for Sustainability:  *Promoting sustainable innovation by prioritizing products and services that minimize environmental impact and enhance societal welfare. By integrating these principles, Ethoconomy aims to create a more equitable and sustainable world. Join us in shaping the future of ethical and  sustainable economics! By Serge J.F. Van Doren Headhunterzz.net ..Use your Brain for a Change! #investing #energy #sustainable #eco #globalwarming #climatechange #carbonneutral #shareholderactivism #finance #parisagreement #banking #Risk #chemicals #pollution #solution #alternative #solutions #Sustainability #Innovation #RegenerativeBusiness #NaturePositive #Sustainability #DistributiveManufacturing #LocalEconomy #GreenInnovation #Innovation