1 / 23

New Principles for Economic Success in the Age of Biocapacity Constraints

New Principles for Economic Success in the Age of Biocapacity Constraints Mathis Wackernagel, Ph.D. STOA Lecture – November 29, 2011. A Euro Crisis … or a Resource Crisis?. Ecological Creditors and Ecological Debtors. 3. Ecological Creditors and Ecological Debtors. “ today ”. 4.

howard
Download Presentation

New Principles for Economic Success in the Age of Biocapacity Constraints

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. New Principles for Economic Success in the Age of Biocapacity Constraints Mathis Wackernagel, Ph.D. STOA Lecture – November 29, 2011 A Euro Crisis … or a Resource Crisis?

  2. Ecological Creditors and Ecological Debtors 3

  3. Ecological Creditors and Ecological Debtors “today” 4 Global Footprint --------------------------- = 1.5 Global Biocapacity

  4. The Ecological Footprint CARBON footprint 5

  5. Accounting Framework for Ecological Services Biocapacity:How much bioproductive area isavailable to us? Ecological Footprint:How much bioproductive area do wedemand? 6

  6. The Basic Equation Amount per year Yield = ------------------------- Area

  7. The Basic Equation Amount per year Area = ------------------------- Yield Translate area from ha into global ha…

  8. Italy Ecological Footprintper person Biocapacity per person 9

  9. Italy Ecological Footprintper person Biocapacity per person Composition of Italy’s Biocapacity Deficit

  10. Commodity prices (WB index) Source: World Bank – pink sheet 11

  11. Italy Biocapacity Deficit x World Commodity Prices = Cost of Biocapacity Deficit 12

  12. Cost of Italy’s Biocapacity Deficit (WMP of all that cannot be renewed within Italy) Italy’s GDP per person Italy’s Biocapacity Deficit 13

  13. Change in Italian’s relative income Italy’s Biocapacity Deficit 14

  14. DE BY AT BE DK FR ES SK FI GR HU NL IT IR PO RU RO UK PT CZ SE UA CH RS Ecological Creditors and Ecological Debtors in Europe Ecological Footprint and Biocapacity PER CAPITA,1961-2005 15

  15. Costs of resources Ecuador’s residents consume but Ecuador’s ecosystems cannot regenerate (at world market price)

  16. Factory world… or? Biocapacity Deficit and Absolute Income (1980 – 2007)

  17. …global auction? Biocapacity Deficit and Global Income Share (1980 – 2007)

  18. 21

  19. Insights • Downward escalator of resource costs outpaces economies’ ability to run upwards. • Euro crisis is a symptom of a deepening resource crunch. • Turning around resource trends is a necessary condition for Europe’s economy to recover. 22

  20. New principles • Nature has a budget. Do you know how much biocapacity you have? and how much you use? • Biocapacity is the currency of the 21st century. Blindness to biocapacity budget costs lives & opportunities. • Self-interest for countries and cities to act is overwhelming 23 mathis@footprintnetwork.org

More Related