A group of 18 European Parliament Members have issued a statement officially calling for #Degrowth.

Here is part of what they wrote...
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We believe that the current economic model, based on endless growth, has reached its limits.

Firstly, continuous economic growth, especially based on the consumption of fossil fuels, is leading to catastrophic global warming.

Secondly, the infinite pursuit of growth relies on the depletion of natural resources, the destruction of biodiversity, and the accumulation of waste and pollution. This also poses risks to our health, our economies, and our societies writ large.

Thirdly, the current economic model is contributing to social inequality and exclusion. The emphasis on economic growth has not translated into equal distribution of wealth or opportunities. Instead, it has resulted in a concentration of wealth and power in the hands of a few leaving many behind.

Fourthly, the current economic model is inherently unstable and prone to crises, as seen, for example, during the 2008 financial crisis and the COVID-19 pandemic. The pursuit of growth at all costs has created a global economic system that is fragile and vulnerable to shocks.

We need an economic system that prioritises human well-being and ecological sustainability over GDP growth, one that recognises that infinite growth on a finite planet is impossible.

We also believe we need to find new ways of organising our economies without relying on the continuous exploitation of resources and the constant increase in production and consumption.

We call for more pluralism in economic thinking within EU institutions and for its alignment with the scientific evidence of climate, ecological, and social sciences.

We call for economic models and other decision-support tools to be more diverse, more comprehensive, and more readable for citizens.

We call for decision-making processes to be aligned with our common policy objectives rather than on the basis of the variation of GDP figures.
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FULL STATEMENT -- https://www.euronews.com/2023/05/10/moving-beyond-growth-is-not-only-desirable-it-is-essential

Names of those who signed on as co-authors: Philippe Lamberts (BE), Bas Eickhout (NL), Ville Niinisto (FI), Manuela Ripa (DE), Marie Toussaint (FR), Ernest Urtasun (ES), Kim Van Sparrentak (NL) — Greens/EFA; Manon Aubry (FR), Petros Kokkalis (EL), Marisa Matias (PT), Helmut Scholz (DE) — The Left (GUE/NGL); Pascal Durand (FR), Aurore Lalucq (FR), Pierre Larrouturou (FR) — Socialists & Democrats (S&D); Sirpa Pietikainen (FI), Maria Walsh (IE) — European People’s Party (EPP); Katalin CSEH (HU) — Renew Europe (RE); and Dino GIARRUSSO (IT) — Non-attached (NI).

#Europe #EU #Politics #Environment #Climate #ClimateChange #ClimateCrisis #Biodiversity #Pollution #Inequality