Oxford
OVERVIEW

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Economics has traditionally viewed the economy and the Earth's physical and ecological systems as seperate domains. It has not typically accounted for the economy's need for energy and material inputs and has viewed pollution as an "externality". The Economics of Sustainability Programme is attempting to understand the economy and environment as a deeply interlinked complex system and is working to gain insights into how the human economic part of this integrated system might be transformed to become more sustainable.

The programme is looking at new ways to take into account natural capital, measure wealth creation, stimulate green technology innovation, and assess climate and economic risk. It is also looking at new methods of modelling economy-ecosystem interactions to better understand the impact of climate policies on economic growth, employment, and political economy.

The programme is conducted in partnership with Oxford Martin School's Institute of New Economic Thinking (INET) and in collaboration with the Oxford Energy Network.