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GLOBAL THREATS OF poverty
In a world of 6 billion:
• Almost 1 billion people go hungry every day;
• 1 out of every 5 people lives on <$1.25 a day;
• 1.5 billon have no access to electricity;
• 2.5 billion don’t have a toilet;
• Intensity of poverty as the joint distribution of their
deprivations (nutrition, toilet, water, elec-tricity,
assets) = highest in poorest countries;
• 1.189 million poor in Middle-Income countries
compared to 459 million in low-income countries;
• Gini coefficient (indicator of inequality) is rising in
the process of development;
M.Djurovic, 2012
THE CHALLENGES WE FACE IN NEXT 40
YEARS
The 0-40 age group will face the year 2050:
• Population growth: 7 billion 2012 to 9 billion 2050;
• Global-gross-products: $70 trillion 2012 to $200 trillion 2050
along business-as-usual way;
•Life satisfaction is low
•Dwindling populations and species high even 60%
•Ecological foothprint high
• In 38 years (1970-2008) Global Living Planet Index -30%,
• Global Tropical Index -60%,
• Tropical Fresh Water Index -70%,
• Humanity’s Ecological Footprint higher 50% of Earth’s
Biocapacity 2008
• With business-as-usual CO2 emissions in large regions will
M.Djurovic,
surpass
2012 2*C increase in average annual temperature by 2040
•Energy needs to double, at least
Planet could sustain a high population
(probably within some limits) but it is a
combination of things like how we use
resources, for what purpose, how
many, how the use of those resources
change over time, etc, that defines
whether they are used inefficiently or
not and whether we will run out of
them or not.
A dual strategy is needed to
solve
the energy problems:
1. Conservation: maximize energy
efficiency
and minimize energy use, while
insuring
economic prosperity
2. Develop new sources of clean energy
M.Dj. 2013
 Phase out of fossil fuel subsidies
 More local primary energy
 Smart energy systems
 Renewable Energy
 Buildings as Positive Power Plants
 Energy Storage
 Smart grids and Plug-in Vehicles
 Resulting in:
 More energy security – more security
 More energy related employment – more equity
 Decoupling the growth from resources
 Putting climate change under control
Specific goals to approach water issue
1. Scaled down approach and demand management
2. Adjust pricing models to mach supply with demand
3. Innovation and smart water
4. Efficiency plus equity an solidarity (water justice)
5. Change the model
6. Human empowerment
7. Right based approach in a common economy
Law issues
1.Multiliberaliyartion –beyond the
fragmented law
2. Environmental instrumentalization- more
rules to environmental protection
3. Humanization= right to water and sanitary
4. Participation- foster environmental democracy
M.Djurovic, 2012
OBVIOUS SHORTCOMINGS IN
ECONOMIC POLICY FRAMEWORK
# Nature is regarded as a constant
# Natural capital and ecosystem services not accounted for
# GDP growth confused with increase in welfare
# Resources are treated as if easy to substitute
# Role of High-Quality Energy largely ignored
# Externalities largely neglected + Perverse
# Subsidies ( this problem primarily a policy failure)
The world’s real income has risen by 87%
over the past 20 years and it is likely to rise
by 100% over the next 20 years.
Overregulation should be avoided: “as you do
not fight fire with fire, so you don’t fight
complexity with complexity” (Madouros &
2012)
M.Djurovic,Haldane,
2012
THE DILEMA ON ECOLOGICAL
DEVELOPEMENT
♦ Continued growth, as presently structured, is not
possible from the point of climate, ecosystems,
resource constraints and planetary boundaries
♦ Negative growth is not possible from the point of the
economy, the financial system and social stability
♦ To refuse to discuss this dilemma is unacceptable
♦ We need a new Economic Model accounting for
environmental cost and resourses value
♦ Prices, economic development and energy policies
play important roles in changing technology and the
energy required to support continued economic
growth
M.Djurovic, 2012
STRATEGY FOR SUSTAINABILITY

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Value discussion
Rethink organisation of science and education; Prio:
education of economists
Global Marshal Plan for greater equity and sustainability
Rethink Economics; beyond GDP, valuation of Nature,
tax labor less, raise tax on virgin materials, resource
efficiency
Finance sector reform – take climate + envi risks
seriously
Protect forests + turn agriculture from carbon source to
carbon sink; save fish stock
Support for education of girls and energy access
M.Djurovic, 2012
‘The world has enough
for everyone’s need, but not
for every man’s greed!’
Mahatma Gandhi
Thank you for YOUR
attention !