Doughnut Economics
Doughnut economics is a visual framework for sustainable development that illustrates that social systems sit within overall planetary boundaries and ecological systems.[1]
It consists of two concentric rings:
- A social foundation – to ensure that no one is left falling short on life’s essentials.
- An ecological ceiling – to ensure that humanity does not collectively overshoot planetary boundaries.
Between these two boundaries lies a doughnut-shaped space that is both ecologically safe and socially just – a space in which humanity and the entire Earth Community can thrive.[2]
The original model was developed by University of Oxford economist Kate Raworth in her 2012 Oxfam paper ‘A Safe and Just Space for Humanity’[3] and elaborated upon in her 2017 book Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist.[4]
Greenprints has developed a revised diagram representing a more Earth-centric approach and Indigenous concepts like caring for country.
References
- [1] https://en.wikipedia.org/wiki/Doughnut_(economic_model)
- [2] https://doughnuteconomics.org/
- [3] Raworth, Kate (2012). A Safe and Just Space for Humanity: Can We Live within the Doughnut? (PDF). Oxfam Discussion Papers.
- [4] Raworth, Kate (2017). Doughnut Economics: Seven Ways to Think Like a 21st Century Economist. Vermont: White River Junction. p. 254. ISBN 9781603586740. OCLC 961205457.