7m
6 Mar 2021

Is there a more climate-friendly way to assess the state of our economies?

Chief Correspondent

When we want to know how well economies are doing, there’s one measure that’s been used around the world for more than three quarters of a century – GDP.

But in the face of looming climate catastrophe, is there a better way to assess the state of our economies?

The United Nations is voting on whether to introduce a new metric, which takes natural capital like forests, oceans and other ecosystems, into account.