Renewing the social contract for a safe, fair and sustainable future

The Green Economy Coalition calls for a new social contract to replace current economic systems that subsidize nature's destruction by $1.8 trillion annually. The proposal outlines five areas of action: recognizing economic dependence on nature, adopting green and fair economy principles, utilizing the Green Economy Tracker for policy interventions, ensuring inclusive citizen engagement in transitions, and renewing the social contract through mechanisms like ecological constitutions and social compacts.

• Current global economic systems are failing to achieve sustainable development, with an estimated $1.8 trillion spent annually subsidizing the destruction of nature and society.
• Economic stability is fundamentally tied to nature, yet most economic decisions ignore these dependencies; consequently, 20% of countries face the risk of ecosystem collapse due to biodiversity loss.
• The Green Economy Coalition has developed the Green Economy Tracker, a tool covering 21 policies across five themes, to help citizens assess and advocate for the implementation of green and fair economic policies.
• Global efforts to hold governments accountable for climate inaction are increasing, evidenced by the doubling of climate litigation cases since 2015.
• Specific national examples of renewing the social contract include Chile's debate over an 'ecological constitution' and South Africa's use of a social compact via the Presidential Climate Commission to integrate diverse voices into its just transition strategy.

APA

Mohamed, N. (2022). Renewing the social contract for a safe, fair and sustainable future. Green Economy Coalition. https://www.greeneconomycoalition.org/news-and-resources/renewing-the-social-contract-transforming-economies-and-societies-for-a-safe-fair-and-sustainable-future

Chicago

Mohamed, Najma. Renewing the social contract for a safe, fair and sustainable future. Green Economy Coalition, 2022. https://www.greeneconomycoalition.org/news-and-resources/renewing-the-social-contract-transforming-economies-and-societies-for-a-safe-fair-and-sustainable-future.

Wikipedia

{{cite press release |last1=Mohamed |first1=Najma |title=Renewing the social contract for a safe, fair and sustainable future |publisher=Green Economy Coalition |date=23 May 2022 |url=https://www.greeneconomycoalition.org/news-and-resources/renewing-the-social-contract-transforming-economies-and-societies-for-a-safe-fair-and-sustainable-future |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{mohamed2022renewing, author = {Mohamed, Najma}, title = {{Renewing the social contract for a safe, fair and sustainable future}}, publisher = {Green Economy Coalition}, year = {2022}, month = may, url = {https://www.greeneconomycoalition.org/news-and-resources/renewing-the-social-contract-transforming-economies-and-societies-for-a-safe-fair-and-sustainable-future}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }