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We are an international group of researchers and practitioners interested in the emerging fields of post-growth and ecological macroeconomics. Our aim is to advance economic theory, methodology and policy in order to adequately address some of the biggest challenges of our time: climate change, rising inequality, and financial instability.
Our work complements and enhances the work of others in the fields of science, health, business, industry, culture, finance, academia, politics and civil society. Established in 2012, the GSCC is a collaborative network of people working across a number of different organisations operating across six continents and covering themes such as climate science and impacts, food and nature, finance and economics, energy, transport, industry, and multilateral climate processes.
An ecological deficit occurs when the Ecological Footprint of a population exceeds the biocapacity of the area available to that population. A national ecological deficit means that the nation is importing biocapacity through trade, liquidating national ecological assets or emitting carbon dioxide waste into the atmosphere. An ecological reserve exists when the biocapacity of a region exceeds its population's Ecological Footprint.
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