Quarterly Returns are Destructive
’A future worth choosing’ panel’s diagnosis:
- The number of people living in poverty is declining, but the number hungry is rising
- Inequality in wealth distribution is rising
- Access to clean water is increasing, but 2.6 billion people lack access to modern sanitation
- By 2030, demand for food will rise by 50%, for energy by 45% and for water by 30%
- Women are too often excluded from economic opportunities
- The financial crisis was partly caused by market rules that encourage short-termism and do not reward sustainable investment
- The current economic model is “pushing us inexorably towards the limits of natural resources and planetary life support systems”
