This is the first publication in a global series urging new economic thinking and application in the wake of the COVID 19 pandemic and in preparation for future climate, biodiversity and health crises. It is a direct response to European Commission President Von der Leyen’s State of the Union address to the European Parliament last week and her recognition that COVID-19 has shown “the limits of a model that values wealth above wellbeing”.
The publication sets out a possible 21st century insurance plan for Europe’s long-term economic recovery and renewal. The time is ripe to build on years of transformational change and systems logic, immediate policy changes spurred by the European Green Deal and growing citizen openness for a healthier, more sustainable and more resilient future post COVID-19. This foundational thinking is anchored ”in the first report to the Club of Rome “The Limits to Growth” and 50 years of multi-disciplinary and systems thought leadership spearheaded by the Club of Rome and its members.