This working group focuses on two key issues that are critical for building a new economy for Australia:

  • How can we challenge the flawed, underpinning concept within our current neoclassical economic system, that infinite growth is necessary and possible for economic health?
  • How can we positively construct new economic models and practical ways forward, that enable our society to flourish within the ecological limits and nurture the ecological health of the wider community of life in Australia?

NENA is being built on the core ideas within ecological economics, which acknowledge the ecological limits of the planet, and is defined by its focus on nature, justice, and time. Other key issues include:  intergenerational equity, irreversibility of environmental change, uncertainty of long-term outcomes, and sustainability. There are many aspects of ecological economics, which can encompass narrower strategies such as the circular economy, the green economy and the sharing economy or the more comprehensive strategy of the steady state economy.

NENA is committed to achieving a steady state economy.  This is a comprehensive vision for transformation to a new economy that is truly sustainable. This group seeks to focus on the positive steps we can take to bring this to reality.

If you would like to join the NENA Ecological Economics Working Group, please email: neweconomy@earthlaws.org.au