Here are some takeaways from an insightful debate on the profound topic of ‘what kind of growth do we need to sustain our future?’
Panel discussions may not be the forums for policy prescriptions but they can trigger solutions- based thinking and if the interlocutors are experts with topic-specific expertise then there is a good chance to expect outcomes that could help guide
future policies. One such insightful debate took place at the just concluded gathering of expert councils, organised by the World Economic Forum in Dubai.
On discussion was the profound topic of ‘what kind of growth do we need to sustain our future?’
Moderating the discussion, Vijay Vaitheeswaran, editor, global energy & climate innovation at The Economist, an expert himself having tracked this space for long, began by quoting the sustainability definition, as articulated by the United Nations Brundtland Commission in 1987. It was when we were “meeting the needs of the present without compromising the ability of future generations to meet their own needs.”
To Masood Ahmed, president, Center for Global Development, part of the problem lay in the inability to spread the benefits of the economic activity across majority of people with much of it getting captured by a few. “We need to rethink on how we grow and how we distribute the benefits of growth,” he said.
Bringing into the discussion, the element of the palpable “tension between inclusive growth and green growth,” Kumi Kitamori, deputy director, Environment Directorate, at the Organisation for Economic Co-operation and Development (OECD), referred to the noises of social injustice and recalled a catch line from the Yellow Jackets movement, a populist movement for economic justice that took off
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