Can money make the world go green or does it just make it go round? This question has been posed by the Swedish Sustainable Economy Foundation.
The work leading up to their coming White Paper, aiming to demonstrate how fiscal instruments are integral to Environmental Fiscal Reform, showed that it is theoretically possible to create a stabilized economy that performs to requirements.
A safe house for humanity, with a fiscal system that supports it, would contain monetary incentives and disincentives. Human needs should be assured, and the system should provide each individual with protection should they come close to their needs not being met. It should also encourage sharing and generosity.
The system should dis-incentivize the depletion of essential minerals and incentivize circularity. It should prevent vital planetary boundaries being breached, and incentivize inclusion.
Stephen Hinton Consulting 