Handbook of Green Economics



  • Paperback: 347 pages
  • Publisher: The Green Economics Institute (1 Dec. 2011)
  • ISBN-10: 1907543031
  • ISBN-13: 978-1907543036
  • Package Dimensions: 23.6 x 18.8 x 2.4 cm



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Green Economics is now firmly a global movement for change in the third millennium. It is an entirely new and exciting discipline, or school, of economics which is based on a completely new assessment of the problems, options and solutions available to society to deal with the challenges of the ever more rapidly changing complex, fragile, and vulnerable physical and social environments. It is the one ray of hope for dealing with the related crises of climate, biodiversity loss, species extinction and the global economic downturn and aiming to preventing poverty and gender imbalance.

Green economics reclaims economics from the preserve of purely quantitative measurement, graphs, statistical data and the assumption of “homo economicus” to create a complex, interdisciplinary, holistic, long term, social science which is informed by qualitative and quantitative data from natural science.Its long-termism describes the evolution of societies within archaeological and palaeontological time frames, which provides a better setting and better tools for understanding such problems as climate change than are offered by current conventions and short term business cycles. Economics is reclaimed as an independent science from business administration studies.

Green Economics is concerned with establishing definitions of an overall well- being and happiness for all people everywhere and the planet and earth systems, rather than deriving simplistic quantitative statistics. The purpose of economics is redefined, positive and normative statements are clearly differentiated and a distinction is made between destruction on the one hand, calculated and hidden as economic “growth” and true growth and abundance of natural resources for people and nature on the other hand. Green Economics is reworking the philosophy behind economic theory, adding more recent philosophical discourses and ideas of “difference”. It builds on its enlightenment roots, adding feminism, postmodernism, and ideas about institutions and scientific investigations.It adds back the social and ethical element to decision making, while acknowledging the pivotal role of women and nature in real wealth creation.

Green Economics opposes the simplistic undifferentiated growth imperative and many of the uncritical technical and social methods of economic propositions currently dominating economics but which are implicated in Global Environmental Change (GEC) and poverty. History, time, social and environmental justice are all incorporated back into the discourse to develop a truly “real” social and natural science, together with new learning from environmental science and philosophy.

The Institute critically discusses Green Economics alternatives. The Green Economics discipline is in the process of being shaped and is undergoing rapid development. Green Economics builds on insights from environmental and ecological economics, feminist theory, welfare economics, development economics, post structuralism and post Keynesian ideas, but moves beyond them to create a discipline that seeks to nurture new alternatives based on inter-generational equity and social and environmental justice.It is a discipline which replaces stewardship, dominion and dominance over other people, nature, the planet and its processes, with an economics philosophy which shows concern for and co-operation with each other and acknowledges its embededness within nature. It also seeks to provide actual benefit for other people, non human species, the earth systems, and planetary processes rather than using them simply as disposable supplies or resources for the economy.

Key ideas include provisioning for all people everywhere, other species, nature, the planet and its systems, and always considering that everyone and everything on the planet has economics needs, impacts and responsibilities. All decision making and activities are based on the complex mesh of social and environmental justice. Green Economics is the economics of doing and the economics of sharing with everyone and everything on the planet. Humans can’t survive on their own – we need each other and we need other species.

A Green Economics perspective no longer uses other things on the planet as throw away inputs or resources to the economy but as beneficiaries of the economics of sharing and of economics transactions.

This is a unique and innovative stance in economics!

This book is the first volume to bring these core ideas to the general reader and to provide an insight into its development, theory and features.

About the Unique set of Authors from Around the World

¬†Priscilla Alderson is Professor of Childhood Studies, Institute of Education, University of London. Her sociology research includes work on children’s rights, competence and consent, the views and experiences of children with long-term illness or disability and services for them, ethics and methods of social research. She teaches on an MA about the sociology of childhood and children’s rights. Details of 300 publications are on www.ioe.ac.uk/ssru.

Victor Anderson leads the ‘One Planet Economy’ programme at WWF-UK. He is the author of ‘Alternative Economic Indicators’ and ‘Energy Efficiency Policies’ (both published by Routledge). From 2000 to 2003, he was an elected member of the London Assembly, and became Environment Advisor to the Mayor, Ken Livingstone. He was also a Board Member of the London Development Agency. Victor worked for three years as an economist for the UK Sustainable Development Commission, a government advisory body, where he assisted Tim Jackson with the writing of ‘Prosperity without Growth?’ He has also worked at the House of Commons. Victor has contributed to several Green Economics Institute conferences and publications.

Dzintra Atstaja is Associate professor of BA School of Business and Finance, Doctor of Economics. She specialises in: Macroeconomics and Sustainable Development, e-learning, Environmental management, Civil Defence and Work Safety. She is a member of European Society for the History of Economic Thought, and Latvian Association of Economics.

Sophie Billington is an economist and econometrician at Bristol University. Her main areas of interest are developmental economics and econometrics. Sophie is interested in applied econometrics, econometric theory and the wide ranging and changing approaches to modelling economic problems. She has been instrumental in methodology debates in Green Economics.

Katie Black has been working with the Green Economics Institute since graduating from the University of Leeds with a first-class Masters in Chemistry in July 2010. A specialist in Carbon Capture and Storage, she has represented the Institute and given speeches at several events and attended the COP16 climate change conference in Cancun as a delegate of the Institute. She will start a new post in the civil service in the Autumn of 2011.

Davide Bottos is an Italian Master student of Economics at the Universita degli Studi di Udine in Italy. After high school he enrolled in the faculty of economics in Udine, where he obtained his first degree in January 2008 with a presentation of a thesis on the classical theory of price discrimination. In 2009 he studied for six months at the “Skarbek Graduate School of Business Economics” in Warsaw (Poland) as an Erasmus student. He became interested in the Green Economy by reading news that concerned the environment, mobility, energy and climate change. His opinion is that we must act so that governments implement all the policies that drive economic activity to a lower waste of resources and greater sustainability.

Alan Bouquet has an MSc in Climate Change from the University of East Anglia. He has always been interested in how humanity interacts with the world around us; how we perceive nature and the impacts we have on it. He has written for the All Parliamentary Group for Aid, Debt and Trade and blogged on various environmental issues. He is now working for the Green Economics Institute.

Rosita Bujokaite is at Vytautas Magnus University in Kaunas, Lithuania. She specialises macroeconomic analysis and economic politics. Her main topics of interest are related to economic crisis phenomenon and crisis management as well as the economic anti-crisis politics. She is participating in the activity of Lithuanian NGO Kaunas Club “The Economists” and is a member of Lithuanian economic association (LEA). She is a member and economics advisor to the Green Economics Institute.

Graciela Chichilnisky created the formal theory of sustainable development and the concept of Basic Needs (Chichilnisky1976, 1996, 1997). She is the architect of the Kyoto Protocol’s carbon market and acted as a lead author of the IPCC, which received the 2007 Nobel Prize. Dr. Chichilnisky is a Professor of Economics and Statistics and Director of Columbia Consortium for Risk Management (CCRM) at Columbia University, New York.

Eleni Courea lives in Cyprus but is of Greek, English, Scottish and Indian background. She brings a young scholar’s perspective to questions of the importance of geography to green economics. She has participated in several conferences around the world, including World Individual Public Speaker and Debating Championships in Brisbane, Australia (2011) and The Hague International Model United Nations in the Netherlands (2011). She also organised the Youth Voice Conference in Cyprus (2011).

Dzineta Dimante is Assistant professor of University of Latvia, Doctor of Economics. She lectures on environmental economics, entrepreneurship and management. Her research interests are development of economic instruments, sustainability issues and performance measurement. She is a member of The Green Economics Institute and Latvian Association of Econometrists.

Michelle S. Gale¬† is a Director of the Green Economics Institute, UK. She studied at International Relations Department at Richmond, the American International University in London (RAIUL), is currently at SOAS, London University and lives in the remote rainforest in Brazil. She has edited the Green Economics Institute’s members’ magazine, The Green Economist, and is a deputy editor for the International Journal of Green Economics. Her writing has been featured in Europe’s World, one of the foremost European policy magazines. She lectures and speaks on Environmental and Social Justice, Gender Equity, and International Development from a Green Economics perspective. She is founder/ chair of the Gender Equity Forum. She organised a Green Economics conference on women’s unequal pay and poverty in Reading, UK, and lectured on green economics in Berlin, Germany, at retreats in Glastonbury, UK, and and the American University in FYRO Macedeonia. She is a regular speaker at international conferences, and was on the Green Economics Institute’s Delegation to Copenhagen COP15 Kyoto Conference and headed up its delegation to Cancun Mexico COP16 Kyoto Conference.

Edward Goldsmith was an Anglo-French environmentalist, writer and philosopher. A deep ecologist and systems theorist, Goldsmith was an early proponent of the Gaia hypothesis, having previously developed a similar cybernetic concept of a self-regulating biosphere. He was the founder and editor of the Ecologist Magazine. He co-authored the influential Blueprint for Survival with Robert Prescott-Allen, becoming a founding member of the political party “People” (later renamed the Green Party), itself largely inspired by the Blueprint.

Volker Heinemann is an economist who studied at the Universities of Goettingen, Kiel and Nottingham. He is a specialist in international and developing economics, monetary economics and macroeconomic theory and policy. He is author of the book “Die Oekonomie der Zukunft,” “The Economy of the Future,” a book outlining a green structure for a contemporary economy that accepts the pressing changes that are needed to outdated current economic thinking. He is co-founder and Director and CFO of the Green Economics Institute, a member of the Institute of Chartered Accountants in England and Wales, trained at PWC and other major Institutions and is a Deputy Editor of the International Journal of Green Economics. He is a popular radio and TV speaker in Europe and a former Die Gruenen Councillor.

Sophie Henstridge created the Interns College of the Green Economics Institute after having successfully completed her own internship. She has a degree in Geography from the University of Cambridge and now works as a Trusts and Foundations Mangager for the Royal Opera House.

Dr. Mayer Hillman joined Policy Studies Institute in 1970 as Head of the Environment and Quality of Life Research Programme and is now Senior Fellow Emeritus of the Institute. For the last 20 years, his studies have focussed on the implications of climate change – see the Penguin book, How We Can Save the Planet, and Living in a Low Carbon World: the policy implications of rationing, both co-authored with Tina Fawcett. He has written over 50 books on his research. His website is www.mayerhillman.com

Kristina Jociute is an Economist interested in analysis and policy of macroeconomics and is at at Vytautas Magnus University in Lithuania. She is a member of both the Association of Lithuanian Economists (LEA) and the NGO’s Kaunas club “Economists” (Lithuania), and is an associated member of The Green Economics Institute (UK). Her interests include human welfare and well-being, poverty issues, behavioural economics, sustainable development and macroeconomics. She is executive editor of the International Journal of Green Economics and a manager of the Green Economics Institute.

Miriam Kennet is an economist, environmental scientist and member of Mansfield College, Oxford University, the Environmental Change Institute, Oxford University and the Oxford Union and IPCC. She co-edited “Green Economics, beyond Supply and Demand to Meeting People’s Needs”, and author of over 100 articles on green economics and stakeholder theory, corporate social responsibility and economics transformation, green jobs, geo engineering and women’s unequal pay and poverty, climate change, poverty prevention and biodiversity economics. CEO, director and co-founder of the Green Economics Institute, a member of the Chartered Institute of Purchasing and Supply (MCIPS) and the founder/ editor of the International Journal of Green Economics and The Green Economist, she is a regular trainer, speaker, lecturer and adviser to governments, including the National Government School in the UK. She lectures and speaks on the international stage and many universities around the world and has appeared on radio and TV in many countries, most recently Estonia and Spain, Italy,Belgium and the UK and as well as running a very lively international interns college and regular influential,international green economics conferences and has her own delegation to the Kyoto Process. A UK government recommended reviewer for the IPCC and is reviewer and writer for the International Labour Organisation. She is on the Assembly of the Green European Foundation and on the steering group of the European Network of Political Foundations.

Helen Long has worked in a variety of childcare settings since 2006. She attended Ecovillage Design Education Training of Trainers (UNDESD) at the Findhorn Foundation and won a competition to return for ‘Deepening Training of Trainers’. She and friend co-organised a children’s festival .

Clive Lord was a founder member of the English and Welsh Greens in 1973, He served as a Probation officer for 30 years, retiring in 1994. Clive’s book, ‘A Citizens’ Income – a Foundation for a Sustainable World’ was published in 2003, but he is hoping to have an improved update published in future. He maintains that his cohtrbution to the debate on sustainability is fundamental to those from others able to take matters forward.

Maria Alejandra Caporale Madi has a PhD in Economics and is a Professor and researcher at the Instituto de Economia, State University of Campinas, Brazil. She is the author of Monetary Policy in Brazil: a Post-Keynesian interpretation and her recent publications include: Corporate social responsibility: credit and banking inclusion in Brazil and. Financialization, Employability and their Impacts on the Bank Workers’ Union Movement in Brazil (1994-2004).

Winston Ka-Ming Mak is a researcher on sustainable development with the University of Surrey. In his career with the Hong Kong civil service, Winston participated in a couple of training programmes for government officials run by the World Trade Organisation. Winston holds a bachelor’s degree in politics and public administration from the University of Hong Kong. Recently, he completed his Master’s degree in environmental strategy (Distinction) at the University of Surrey with his dissertation focusing on new legal frameworks for businesses and sustainable economy. Winston is experienced in attending/speaking in young leaders’ conferences on various global issues held in the United Nations Headquarters, USA, UK, Austria, Hungary, Czech Republic and China, etc.

Mahelet Alemayehu Mekonnen is an Ethiopian economist interested in economics and political science at Richmond The American University in London. She heads up our Africa team and is editor of our special issue of our academic journal on Africa and our forthcoming book about Africa. She is economics advisor for the management team. She is a firm believer in education and believes in tackling one of the most important problems we are facing in the global world, particularly the issue of climate change and inequality towards women. Her work relates to examining large projects and questions of sustainability – and development.

Maret Merisaar is an Estonian biologist and politician. She is anEstonian National Council member, a member of the Estonian Green Movement, Estonian Water Association and member of the House of Scientists of Tallinn member.

Pauline Mouret is a student at AgroParisTech, a famous French engineering school, specialising in environmental sciences and agronomy. She is particularly interested in environmental and agricultural issues. She has worked on agricultural development in Cameroon. Last year, she did a two-month project to study the efficiency of green roofs to protect urban biodiversity in the ecology centre at Orsay South Paris University.

Isayvani Naicker is currently completing a Doctorate in Geography at the University of Cambridge, looking at the interaction of science and policy in society, focused on a case study of biodiversity conservation in South Africa. Her previous degrees include a Master of Science (Geology) from the University of Cape Town in South Africa and Master of Science (Philosophy of Social Science) from the London School of Economics and Political Science in he UK. She has work experience in the environmental and sustainable development field in Africa.

Miriam Prasse was a student with The Green Economics Institute’s Intern’s College and was a speaker at our annual conference at Oxford University, starting the trend for young people at school to have a voice in the formulation of Green Economics at the highest level. She is based in Munich in Germany.

Dr. Jack Reardon is Professor of Economics at Hamline University in the USA and is editor of a International Journal of Pluralism and Economics Education (IJPEE). Reardon’s book, A Handbook for Pluralist Economics Education (Routledge, 2008) offers a hands-on approach for incorporating pluralism into the classroom, as well as offering suggestions, guidelines and representative syllabi and on the Editorial Board of the International Journal of Green Economics for several years and has written numerous articles and is interested in the development of Green Economics discipline and pedagogic methodology.

Sandra Ries edits and writes some of our publications and coordinated our Youth in Action Project and our stalls. She was an award winning representative of her country of Denmark at the International Young Climate talks in Poland. She has a special interest in Development and International Relations and has spent her life equally in Denmark and New Zealand giving her unusual insight into two cultures on different sides of the world.

Grit Silberstein is an Economist trained at the University of Gottingen in Germany. Born in Germany and raised in Ecuador she considers both countries as home. Since 2010 she has been working at the Green Economics Institute advising on Economic Issues. She is a researcher of International Economics at the University of Gottingen in Germany, specializing in development economics and at Nottingham University in the UK. Her interests include matters of sustainable development in a European development aid and the European Union. She also works with Galextur in the Galapagos Islands promoting biodiversity.

Dr. Enrico Tezza is a senior training specialist and has a background in social research and evaluation studies. After a career in the Italian Ministry of Labour and local public institutions, he joined the International Labour Organisation in Turin in 1992. He is labour market advisor for the Green Economics Institute. Subjects covered vary from training policy to employment and active labour market measures. His current focus interest is on social dialogue for green jobs. His main publication was Evaluating Social Programmes: the relevance of relationships and his latest publications include Dialogue for Responsible Restructuring and Green Labour Market for Transitions.

Oliver Tickell is author of Kyoto2 (Zed Books 2008) which sets out the framework of an international climate agreement which would be effective, equitable and efficient. He is a well known environmental journalist whose articles have been published in numerous newspapers and magazines. He is a member of Oxford Climate Associates (oxfordclimate.com), Chief Climate Advisor of the Green Economics Institute and a Co-founder and longest serving member of its Advisory Board and is interested in geo- engineering.

Jeffrey Turk holds a doctorate in particle physics from Yale University and after working as a physicist at the European Laboratory for Particle Physics (CERN) he earned an MA in transition economics at the Central European University in Budapest and then a DPhil in contemporary European Studies from the University of Sussex and a research fellow at the Scientific Research Centre of the Slovenian Academy of Sciences and Arts, where he researches realist biography and European Policy. He ran a research conference at the University of Halloween on critical realist narrative biographical methods. He has produced many articles on Green Economics and methodological innovation.

Wenjun Wang is a Financial Engineer at USTC and qualified in Mathemporatioatics from Anhui University, China in 2005. She has participated in several projects, including Mainstreaming Climate Change and CDM in the Chinese Financing Sector, sponsored by the Global Opportunity Fund and a bi-country survey on college student entrepreneurship in China and the USA. She also co-authored Millington’s book Entrepreneurship and Venture Capital.