CUSP shortlisted for 2018 ICAEW/A4S Finance For The Future Award
The finalists for Finance for the Future Awards 2018 have been announced by the founding organisations, ICAEW and A4S, and their partner Deloitte. CUSP was shortlisted in the Driving Change Through Education, Training and Academia award, which recognises the contribution of individuals, organisations or partnerships in driving action towards integrating sustainability through education, training and academia. Now in its seventh year, the awards ceremony will take place on 16 October 2018.
Getting sustainable values into a sustainable business | London, 8 Nov 2018
How do small businesses, micro businesses and those who are self employed put their sustainability values into practice while growing their business? The event, as part of this year's ESRC Festival of Social Sciences is held at the Impact Hub Islington, and will build on a collaboration between CUSP and the ESRC IAA project 'Growing Greener: Creating a New Values-based Environmental Engagement Toolkit for SME Intermediaries'.
The Political Economy of Capitalism | INET workshop w Simon Mair, 27 August 2018
CUSP researcher Simon Mair will be presenting research at the forthcoming INET workshop on Political Economy of Capitalism. Titled ‘Capital and Environmental Crisis: insights from Adam Smith’, the paper sets out to explain two stylised facts of the modern economy: that the economy is becoming more energy efficient but economic growth is still tightly coupled to energy use, and that at a global scale different energy carriers are complements not substitutes.
Dialogues in Turbulent Times | CUSP at 2018 International Degrowth Conference, Malmö, 21-25 Aug
CUSP researchers Simon Mair, Ben Gallant and Ellen Stenslie will be presenting papers at the 6th International Degrowth Conference for ecological sustainability and social equity in Malmö. Apart from being a space for scholarly debates, degrowth conferences aim at promoting cooperation of various groups in the development of scientific, social and political proposals towards ecologically sustainable and socially just transformation.
Embracing the Unthinkable | Guest blog by Alan Simpson
The UK is becoming an angry, divided and insecure country, Alan Simpson writes. Right now, it doesn’t have to be that bad. But we don’t have much time to play with. Another world is still (just) possible, but we need the courage to build it, now.
Growth for the sake of growth | Guest blog by Federico Demaria
“Growth for the sake of growth” remains the credo of governments and international institutions, Federico Demaria finds. The time is ripe, he argues, not only for a scientific degrowth research agenda, but also for a political one. (This article is a transcript of Federico’s address to the European Commission, in preparation of the 2018 Post-Growth conference at the EU Parliament, 18-19 Sept 2018.)
Beyond 5%: why autonomy matters for workers’ wellbeing | Blog by Simon Mair
A recent trial of 4 day week in New Zealand inspired a 5% increase in life satisfaction. As celebrated as the results are, such measures are unlikely to contribute sufficiently towards more sustainable economies, Simon Mair argues, reflecting on the limits of such reforms within our current system. He wonders what it might take to get beyond 5% to something more utopian.
Monetising nature: a metaphor too far? | Blog by Aled Jones
Natural Capital Valuation is a fiercely debated approach to account for nature in business and management decision processes. A new report by Aled Jones and colleagues finds that without extra checks in place to accompany the valuation frameworks, there is a real risk that biodiversity loss actually worsens as monetisation tools are embedded — and that they are not being used as intended.
Enjoyable, meaningful lives without economic growth or jobs? | Guest blog by Alison Kidd
How will people live enjoyably and meaningfully in a world of less economic growth? Do the care, craft, culture and creative activities which CUSP is exploring offer a promising alternative prosperity? Behavioural psychologist Alison Kidd recently studied the activities of 325 UK people to find out what they found enjoyable and meaningful to see if she could get clues.
Climate Justice as economic mobilization | Seminar w Stefan Jacobsen, London 21 June 2018
Drawing on a newly published book, this talk will give a brief outline of the economic ideas that have been central in the buildup of a global movement for Climate Justice (CJ) since the 1990s. Jacobsen argues that although campaigns against the dominance of carbon markets and for divestment strengthened the CJ movement in raw numbers, these approaches also marked a move away from earlier demands for radical equality as part of transitioning away from fossil fuels.
Against all odds? Modelling the low-carbon transition | Blog by Martin Sers
Can renewable energy supply grow rapidly enough to both, cover societies growing energy needs and displace fossil fuel use sufficiently to keep carbon emissions below some “safe” level? — the leading question of a recent CUSP paper in Ecological Economics. In this blog, Martin Sers is summarising the findings.
CIRCONOMÌA | Circular Economy Festival w Tim Jackson and Kerry Kennedy, Milan/Pollenzo 24-25 May 2018
On 24 and 25 May 2018, Tim Jackson will be joining Kerry Kennedy, human rights lawyer and daughter of Robert Kennedy, for a series of dialogues on prosperity, inequality and human rights at the 3rd Circonomìa festival in Italy. Under the theme of "growth without prosperity, prosperity without growth", Tim and Kerry will be discussing the legacy of Robert Kennedy's historic speech at the University of Kansans on the failings of measurement and vision that, after 50 years, still haunt both economic policy and our everyday life.
‘Secular stagnation’ meets the ‘GDP fetish’ | Blog by Tim Jackson
Tim Jackson introduces his new CUSP working paper ‘The Post-Growth Challenge’, in which he discusses the state of advanced economies ten years after the crisis. Our attempts to prop up an ailing capitalism have increased inequality, hindered ecological innovation and undermined stability, he argues.
The Energy-Emissions Trap | Journal Paper by Martin Sers and Peter Victor
The requirement to reduce emissions to avoid potentially dangerous climate change implies a dilemma for societies heavily dependent on fossil fuels. As renewable capacity requires energy to construct there is an initial fossil fuel cost to creating new renewable capacity. An insufficiently rapid transition to renewables, it turns out, will imply a scenario in which it is impossible to avoid either transgressing emissions ceilings or facing energy shortages.
Policies for Sustainable Consumption | Book chapter by Tim Jackson and Carmen Smith
Tim Jackson's chapter in The Cambridge Handbook of Psychology and Economic Behaviour has been updated for the second edition of the international, multi-disciplinary and partly new collection, edited by Alan Lewis. It summarises the challenge inherent in recent policy debates about sustainable consumption, focusing in particular on what might be involved in negotiating the kinds of lifestyle changes that are implied by the radical reductions in carbon emissions that are required to mitigate climate change.
A Theory of Change Approach for Measuring Economic Welfare Beyond GDP | Working Paper No 10
It is widely acknowledged that GDP is not a suitable measure of economic welfare. In this paper, Simon Mair, Christine Corlet Walker and Angela Druckman propose a novel framework for indicator development: the ‘Theory of Change’ approach — a causal model approach in which the relationships between system inputs, activities, outputs and outcomes of the economy are explicitly articulated, and can be used to identify theoretically sound indicators for economic welfare.
Towards the New Normal | Report Launch, 12 March 2018
Increasing private investment in green infrastructure is a crucial way of meeting the UK’s strategic and environmental policy objectives cost-effectively, whilst securing more jobs, and other economic targets. This report by Aldersgate Group and CUSP provides an overview of the challenges and opportunities in the UK’s green finance market and suggests key recommendations for government, businesses and investors.
Green Finance | Alex White giving evidence to EAC, 16 January 2018
On 16 January 2018, CUSP research fellow Alex White gave evidence to the Environmental Audit Committee on their green finance inquiry. Based on our research with the Aldersgate Group, Alex White argued for the need to create an attractive low carbon investment environment in the UK if we are to see the real benefits of a growing green finance industry.