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UNEP inquiry: design of a sustainable financial system

New report by Tim Jackson & Peter Victor on FALSTAFF model

 

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The UNEP Inquiry

The Inquiry into the Design of a Sustainable Financial System has been initiated by the United Nations Environment Programme to advance policy options to improve the financial system’s effectiveness in mobilizing capital towards a  green  and  inclusive  economy .  Established  in  January  2014,  it  will publish its final report in October 2015.

 

About this report

This  working  paper  results  from  a  workshop  which  the UNEP Inquiry  and CIGI held  on  2-3  December  2014  in Waterloo,  Canada  to  discuss  options  for  a  sustainable  global  financial  system.  It draws from Tim Jackson's ongoing program of work at the University of Surrey in collaboration with York University on Prosperity and Sustainability in the Green Economy (PASSAGE). The version of FALSTAFF model presented in this paper is a beta version for discussion purposes only and is currently subject to ongoing refinement and calibration.

 

 

 

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Related links

• You can download the UNEP report here.
• Jackson, T and P Victor 2015 >> Credit creation and the ‘growth imperative’ - a quasi- stationary economy with debt-based money. PASSAGE Working Paper 15/01.
• Jackson, T and P Victor 2015 >>​ Does slow growth lead to rising inequality? Some theoretical reflections and numerical simulations. Ecological Economics, (in print).