Wednesday, February 1, 2012

UN calls for sustainability to be put at heart of economics

Tom Arup, David Wroe
 
A UNITED NATIONS high-level panel on sustainability that includes Kevin Rudd has urged the world to dramatically change the way it does business amid growing inequality, environmental problems and ''teetering economies''.

In a report launched in Ethiopia yesterday, the group of 35 world leaders and ministers said ''a new political economy'' should emerge that truly recognises the environment and social costs and brings the concept of ''sustainable development'' to the centre of mainstream economics.

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