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Symposium 2013

Solution for Towards Sustainable Consumption

The Challenge

A growing world population and increasing living standards imply large and accelerating resource use for individual consumption. The world’s population already consumes many of the planet’s resour ...

A growing world population and increasing living standards imply large and accelerating resource use for individual consumption. The world’s population already consumes many of the planet’s resources in unsustainable ways. It seems that economic progress in developing countries will also follow this pattern. A remedy may lie in more conscious behavior by consumers: sustainable consumption.

Ensure that prices reflect the real costs of consumption by rethinking regulation.

Sustainable consumption requires that prices reflect the real costs of consumption. Some consumers may not be willing to pay a premium for sustainable products. In this case, a market solution without state intervention is unlikely. The public goods problems that are caused by individual consumption then require government regulation.

    Related Solutions

    Solution
    Symposium 2013

    Reduce the total amount of consumption

    Reduce the total amount of consumption

    Reduce the total amount of consumption

    Polity, Academia, Business, Civil Society
    Solution
    Symposium 2013

    Raise awareness of the environmental and social impacts of consumption

    Raise awareness of the environmental and social impacts of consumption

    Raise awareness of the environmental and social impacts of consumption

    Polity, Academia, Business, Civil Society
    Solution
    Symposium 2013

    Provide a regulatory environment for technological innovation

    Provide a regulatory environment for technological innovation

    Provide a regulatory environment for technological innovation

    Polity, Academia, Business, Civil Society