The new wellbeing framework, set to be released, has five broad themes and about 50 indicators treasury will track over time. Our new book shows how important but difficult measuring wellbeing can be.
- Associate Professor, Institute for Global Prosperity, UCL
As living standards rise, we could see smaller populations but much bigger ecological impacts.
Wetlands bear the brunt of much storm damage to the coast. But over the past 300 years, 85% of the world’s wetland area has been destroyed.
Happiness varies by location, and what matters for happiness varies as well.
Current land-use patterns could see the value of ‘ecosystem services’ – the natural processes that sustain life – plummet by mid-century. But with the right policies we can turn this trend around.
The challenges we face demand profound changes in our thinking and priorities. Replacing the Productivity Commission with a National Sustainability Commission would help us make this paradigm shift.
“At present, we are stealing the future, selling it in the present, and calling it GDP.” — Paul Hawken Imagine if a corporation used Gross Domestic Product (GDP) accounting to do its books: it would be…
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