![]() ![]() Yet the economy is a huge factor in climate change. Until now, looking at the economy hasn’t necessarily been a priority for Greens. ![]() It’s only recently that they have become a central issue. Traditionally, climate and social goals have been considered economic externalities. ![]() Before I got there, there were just a few piecemeal and one-off initiatives. It was about aligning economic development with our social and environmental objectives and trying to transform Brussels’ economy to make it environmentally and socially responsible. Barbara Trachte, secretary of state of the Brussels-Capital Region, responsible for Economic Transition and Scientific Research, explains how Brussels is using the the model to set a new direction for the city region’s economy.īenjamin Joyeux: What made you decide to adopt the doughnut economics model in the Brussels-Capital region?īarbara Trachte: At the beginning of my term, in July 2019, we decided to rename the Brussels-Capital Region’s Ministry for the Economy as the “Ministry for Economic Transition” to really show that we were going in a different direction. Major European cities such as Amsterdam, Geneva and Brussels, have adopted the doughnut model to guide their green transitions. Visually represented in the shape of a doughnut, it combines the concepts of planetary boundaries and minimum social standards to measure economic performance. ![]() Kate Raworth’s doughnut model is an economic theory designed to easily and intelligibly assess an economy’s sustainability. ![]()
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