Lesson Overview
The challenge beneath the ambition
All countries pursue economic growth and development, but sustainable economic development is much harder to achieve.
This lesson looks at some of the system-level contradictions that make sustainability difficult in practice, from regulation and production to consumption and business incentives.
In this lesson, we explore:
- Regulation as the rules of the game and how uneven rules can create loopholes
- How production is shaped by efficiency, competition and regulation
- How consumption patterns challenge a growth-driven model
- Why sustainability narratives can clash with business incentives
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A practical look at sustainable economic development and the system-level challenges behind it.
Vincent McCarthy, CFA
Founder, Responsible Investment Institute®