<p>Financial stress has marked implications on our transition to social and economic sustainability but its relationship with environmental sustainability is poorly understood. Here we discuss how financial stress impacts environmental sustainability, namely deforestation, air pollution and biodiversity, from local to global scales. Periods of financial crises can have both positive and negative environmental effects, but any beneficial effects that arise&#xa0;are short lived and disappear once economic growth returns. Even for a longer period of slower economic growth, environmental sustainability is not ensured. On this basis we argue for a new sustainability transition paradigm which moves away from current crisis management strategies towards ones that fully-integrate environmental sustainability and nature protection, into post-crisis support programmes.</p>

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Sustainability transition requires a nature-focused response to financial stress

  • Alexander S. Antonarakis,
  • Andreas Antoniades

摘要

Financial stress has marked implications on our transition to social and economic sustainability but its relationship with environmental sustainability is poorly understood. Here we discuss how financial stress impacts environmental sustainability, namely deforestation, air pollution and biodiversity, from local to global scales. Periods of financial crises can have both positive and negative environmental effects, but any beneficial effects that arise are short lived and disappear once economic growth returns. Even for a longer period of slower economic growth, environmental sustainability is not ensured. On this basis we argue for a new sustainability transition paradigm which moves away from current crisis management strategies towards ones that fully-integrate environmental sustainability and nature protection, into post-crisis support programmes.