See the below image for the Future sustainable economy diagram. It is also critical to invest in under-capitalised developing countries which are the growth markets of the future, and which are critical to meeting climate goals. Long-term government policy has traditionally inspired private capital and would potentially super-charge a global sustainable revolution.
Growth enables sustainability by encouraging investment. Economic growth strengthens consumer confidence, spending, and demand, all vital elements of a healthy investment climate-which the energy transition is going to need.
Growth counteracts sustainability through greater resource consumption. The global material footprint” -that is, the raw materials used to make the goods that we consume-rises in correlation with GDP growth. 7 7. The Sustainable Development Goals Report 2019, United Nations, 2019, unstats. un. org.
Future sustainable economy image
