Footprint Network Blog - Human Development
Despite over $150 billion being spent annually in development globally, virtually nobody is tracking whether the achieved progress can last, or whether it is becoming increasingly fragile without the necessary access to nature’s resources.
But this is changing. The United Nations Development Programme’s latest flagship publication, its Human Development Report 2013, prominently features countries’ performance as proposed by Global Footprint Network: how much human well-being do countries generate (as measured by the UNDP’s Human Development Index) at what level of resource demand (as measured by the Ecological Footprint).
The Report reads:
“To sustain progress in human development, far more attention needs to be paid to the impact human beings are having on the environment. The goal is high human development and a low ecological footprint per capita. Only a few countries come close to creating such a globally reproducible high level of human development without exerting unsustainable pressure on the planet’s ecological resources.”
It is a significant step for a leading UN agency to question business-as-usual models of development and explore alternatives. In the past, the report included Ecological Footprint results in its background data table, but this year UNDP used our HDI-Footprint graph to prominently show how far away the world is from meeting the sustainable development challenge, using simple metrics.
Global Footprint Network is thrilled to announce that Co-Founder and President Dr. Mathis Wackernagel and Dr. William Rees, co-creators of the Ecological Footprint, have been named the winners of the 2012 Kenneth E. Boulding Award, the world’s top honor in the field of ecological economics.
The International Society for Ecological Economics (ISEE), made the announcement leading up to the Rio+20 Earth Summit, the United Nations Conference on Sustainable Development (UNCSD), in Rio de Janeiro, where the awards will be presented.
The biennial award is given to “outstanding individuals who have contributed original and seminal approaches that have furthered our understanding of the interfaces between the social, ecological, ethical, economic and political dimensions of our world,” said the ISEE in announcing the award.
Building on Rees’ earlier work on human carrying capacity, Wackernagel and Rees in the early 1990s developed the Ecological Footprint, the world’s premier resource accounting system, to track humanity’s demands on nature. The Ecological Footprint measures the area of productive land and water, or “biocapacity,” required to produce the resources a human population consumes and to absorb its carbon waste.
For the last 10 years, Global Footprint Network has contributed to WWF’s bi-annual flagship publication “The Living Planet Report,” which has become a key publication for Ecological Footprint results. The 2012 edition was released in May from the International Space Station, generating the largest media response of any Living Planet Report so far. The latest Global Footprint Network calculations show that humanity’s demand for bio-resources exceeds the long-term regenerative capacity of Earth by over 50 percent.
“Ever more countries continue to use more resources than they can renew within their own boundaries,” Drs. Wackernagel and Rees said. “Until countries begin tracking and managing their biocapacity deficits, they put not only themselves at risk but, more importantly, the entire planet.”
The award will be presented at the ISEE Conference 2012 in Rio de Janeiro on June 19, where Wackernagel and Rees will deliver the keynote Boulding Award lectures.
Dr. Wackernagel has promoted sustainability on six continents and lectured at more than 100 universities. Dr. Rees is an ecologist, ecological economist, Founding Director of the One Earth Initiative, Professor Emeritus and former Director of the University of British Columbia’s School of Community and Regional Planning.
Kenneth E. Boulding (1910-1993) was President of the American Economics Association and American Association for the Advancement of Science. Past notable recipients include Herman Daly (American economist, considered the father of Ecological Economics) and Manfred Max-Neef, author of Real-Life Economics: Understanding Wealth Creation.
We thank you, our valued partners and supporters, for helping to promote our work around the world, and making awards such as these possible as we continue to make ecological limits central to decision-making.
The Global Journal, a Geneva-based publication that covers international politics and leadership, named Global Footprint Network as one of the world’s 100 Best NGOs this week. These leading 100 actors represent the changing dynamics and innovative approaches of the non-profit world, Global Journal said in its January/February 2012 issue.
“We are humbled to be in the company of the many innovative organizations named in the top 100 who are seeking to create systemic change, ” said Susan Burns, Global Footprint Network’s Senior Vice President and co-founder. “The world now finds itself at a defining moment where ecological constraints are ever more critical as we seek to secure people’s well-being.”
The Global Journal used a specific set of metrics (impact, transparency, accountability, innovation and efficiency) as a rough guideline to rank the NGOs.
“There is no science in the measuring,” Global Journal said. “How does one – after all – compare the fundamental societal impact of an organization like the Wikimedia Foundation, with the tangible outputs of a well oiled humanitarian machine?”
Global Journal said its Top 100 list was meant to inform, stimulate debate, inspire and show the incredible dedication that is displayed on a daily basis in and out of the spotlight on a daily basis.
“Recognizing the significant role of NGOs as influential agents of change on a global scale, The Global Journal has sought to move beyond outdated clichés and narrow conceptions about what an NGO is and does,” the Journal said as it announced the Top 100 list. “From humanitarian relief to the environment, public health to education, microfinance to intellectual property, NGOs are increasingly at the forefront of developments shaping the lives of millions of people around the world.”
Other ranking organizations included Wikimedia, Partners in Health, PATH, CARE International, Gram Vikas, Oxfam and TED.
Humanity has reached a new milestone as we hit 7 billion. Never before have there been 7 billion people on planet earth, all at the same time. As we welcome the 7th billion global inhabitant, we also acknowledge the challenges we will face due to a burgeoning population explosion, resource depletion, food and water scarcity and overcrowded cities. This is especially true at a time when humanity as a whole is already using the planets regenerative capacity 50 percent faster than it can renew.
Although humanity’s total demand is unsustainable, this consumption is very unevenly distributed among the 7 billion people. A large portion of humanity does not have enough resources to secure even their most basic subsistence needs. This suffering is intolerable. It affects the rest of humanity, too, most visibly through conflict and instability.
Therefore, Global Footprint Network is mapping how much nature we have, how much we use, and who uses what. In a crowded, resource constrained world this information helps decision makers understand our present resource situation and find options for avoiding unpleasant consequences.
Global Footprint Network is the standard setting body for the only Ecological Footprint standards in the world. The Ecological Footprint standards set forth quality criteria for Ecological Footprint studies of sub-national populations, organizations, and products. The goal of the Ecological Footprint Standards is to build consensus among practitioners regarding Ecological Footprint methodology, transparency, and communications. This consensus is important because it helps to establish a forum or a common platform for understanding and communicating about natural resource constraints. To that end, the Ecological Footprint Standards are used as a way of maintaining the scientific credibility and accuracy of Ecological Footprint studies, the policy relevance, and the consistency and appropriateness with which the method is applied and findings communicated.
Global Footprint Network’s Ecological Footprint Standards have been established through a committee-based process that incorporates input from our Partnership Network and Public Comment. The Global Footprint Network Standards Committee is starting the process to review and revise the Ecological Footprint Standards. Participation in the Committee and Procedures for the Committee are outlined in Global Footprint Network Committees Charter. The result of this process will be updates to the 2009 Ecological Footprint Standards to be released towards the end of 2012.
Improving comparability The original goal of the Ecological Footprint Standards is to increase the quality, reliability and consistency of Footprint assessments. As the Ecological Footprint is being adopted by a growing number of government agencies, organizations and communities as a measure of environmental performance, there is an even greater need for quality, consistency, and reliability. This review and revision process for the 2012 Ecological Footprint Standards is a way to maintain this goal of improving comparability.
In addition, as the Ecological Footprint methodology is applied in different circumstances by different practitioners, advances to the methodology and communications strategies are being made. Conducting a review and revision process every three years allows Global Footprint Network to stay on top of advances in Ecological Footprint science and application. By engaging with experts, our Partner Network, and public comment every three years, our Ecological Footprint Standards can allow for a dynamic process that encourages innovation and action.
Your feedback is welcome during the entire process! Before the revised Standards are finalized in 2012, there will be two 60-day Public Review periods, one in March – May 2012 and the second in July – September 2012. These are your opportunities to provide more input as the draft develops.
UNEP FI project seeks framework for assessing government bonds
Could an abundance of natural wealth be a factor in positively influencing a country’s credit rating and the quality of its bonds? Could a resource-guzzling economy be cause for a downgrade?
The UN Environment Programme Finance Initiative (UNEP FI) in collaboration with Global Footprint Network and leading financial institutions will endeavor to shine a light on these questions with a groundbreaking project to explore the role of natural resource accounting in strengthening risk models for government bonds. The project seeks to incorporate how much natural wealth countries have – and how much they spend – into assessments of long-term credit risk.
Tightening constraints on resources and their potential impacts on national economies have been largely absent from financial analysis. Yet such factors are thought to have growing implications for the long-term credit risk of many government bonds, especially those with long-dated maturities.
“The global financial crisis has taught us more than anything that some of the core risks that affect the value of debt securities and derivatives can simply run ahead of our ability to understand them,” said Paul Clements-Hunt, Head of UNEP FI. “This is why we must deepen our understanding of the risks posed by climate change, water scarcity and the overuse of natural resources for securities. We should not be caught off-guard again. This project is one of the first that tries to quantitatively and systematically consider the linkages between the use of natural resources and its impact on a country’s core economic indicators that in turn influence the quality of its bonds.”
The bond project was launched yesterday at workshop at a side-event to the UNEP FI Global Roundtable, which is taking place in Washington D.C. this week. The Roundtable draws hundreds of leading financial experts along with high-level government officials seeking to address the link between financial stability and environmental sustainability.
The project has two aims: it will investigate the linkages between ecological risk and country-level risk in sovereign bonds, and develop a methodology to explore how credit rating agencies, investors and financial information providers can integrate ecological data into their respective models. In particular, the analysis will look at the risks to countries whose populations and/or industries require more resources than is domestically available and which are hence reliant on ecological services from abroad.
“As resource constraints tighten globally, countries that depend heavily on ecological services from other nations may find that their resource supply becomes insecure and unreliable. This has economic implications – in particular for countries that depend upon large amounts of ecological assets to power their key industries or to support their consumption patterns and lifestyles,” said Global Footprint Network President Mathis Wackernagel. “Meanwhile, those countries with reserves of valuable natural capital may find themselves in an advantageous position.”
The project will substantiate the business case for financial institutions and ratings agencies to include ecological criteria as a key component of financially material country credit risk analysis. Institutions will thus be enabled to work towards better inclusion of financially-material environmental, social and governance (ESG) issues in financial products and services.
At 4.4 global hectares per person, Hong Kong residents have an Ecological Footprint twice that typical for China as a whole. Hong Kong also has one of the greatest ecological deficits in the world, according to Hong Kong Ecological Footprint Report: Living Beyond Our Means. The report details Hong Kong’s resource use and its role in the overall ecological picture of China – a country that now ties the U.S. as the largest user of the world’s biocapacity.
Three years ago, Global Footprint Network and the Swiss Agency for Development and Cooperation joined together to launch the multi-phased Human Development Initiative, focused on Africa. Its purpose: To explore how ecological limits affect human development.
Africa: Ecological Footprint Factbook 2009, released in February, was the latest result of that ongoing initiative. The 20-page report features three countries: Egypt, Tanzania and Zambia, and includes Ecological Footprint and biocapacity trends, as well as guest perspectives on each country’s environmental issues and challenges.
On the shores of Zambia’s Lake Bangweulu, 26 young women stooped by the water with an assortment of gadgets, learning how take measurements of pH, depth, visibility, current and temperature. One student lowered a rope with a brick on the end and used it to gauge depth. Another used a clear, flat instrument called a secchi disk to measure visibility, while a third navigated the position of each data point using a GPS.
Hear Mathis Wackernagel discuss how the Ecological Footprint helps inform sustainable development and which countries are winning the game on this Living on Earth interview.