Side Event hosted at the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change(UNFCCC) on 6 December, 2023

Given that six out of nine planetary boundaries have now been transgressed, and with cascading tipping points approaching, the gravity and urgency of the planetary climate and biodiversity emergency is patently clear, widely understood, and increasingly acknowledged. Science is showing us that unless we rapidly and radically shift course, the world is heading for catastrophic climate change and possible ecological collapse. As we are now deep into the Anthropocene, it is now clear that human extractive and polluting activities exceed the regeneration rate of natural systems. This has reinforced the conclusion that we need a new economic paradigm as the current growth policies do not correlate with the needs of a global transition towards sustainability within the operating space that safeguards the biophysical processes that regulate the functioning, stability and resilience of the entire earth’s system. The Panel 1) addressed the linkage between the current economic model, the climate and ecological crisis and social injustice and highlighted why the current economic growth model fails to align with scientific evidence 2) discussed the various proposed approaches to move beyond a growth economy and shared insights into the methodologies and tools that enable policymakers to fully integrate social, environmental, and economic objectives 3) explored the ways in which governments, individuals and businesses can make the necessary changes for a just transition within planetary boundaries

Our Speakers:
Philippe Lamberts, Member of the European Parliament and Co-President (Greens/EFA) Belgium
Sandrine Dixson-Declѐve, Co-President of the Club of Rome
Patrizia Heidegger, Deputy Secretary General, Director for EU Governance Sustainability and Global Policies
Timothée Parrique, Researcher in Ecological Economics, School of Economics and Management, Lund University ( Sweden)
Moderated by:
Neda Salmanpour, Founder and Chief Executive Officer, Global Peace and Prosperity Forum

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