A SAFE AND JUST SPACE FOR HUMANITY A vision for inclusive and sustainable economic development Kate Raworth Senior Researcher Oxfam African Development Bank 3 May 2012

ENVIRONMENTAL DEGRADATION HUMAN DEPRIVATION

DEPRIVATION AND DEGRADATION Land and water conflicts Food price crises

STABILITY IN THE HOLOCENE

Source: Rockström et al 2009 NINE PLANETARY BOUNDARIES

CO 2 350ppm 15% cropland 4,000 km 3 pa 35 m tonnes pa 276 Dobson units 2.75 aragonite 10 species/m pa NINE PLANETARY BOUNDARIES Source: Rockström et al m tonnes pa

NINE PLANETARY BOUNDARIES

A SAFE AND JUST SPACE FOR HUMANITY

FALLING FAR BELOW THE SOCIAL FOUNDATION

INTERDEPENDENCE OF THE BOUNDARIES

INCLUSIVE AND SUSTAINABLE GROWTH IN AFRICA What is the state of Africa’s social foundation? Which planetary boundaries are under most stress in Africa? How is this stress undermining Africa’s prospects for inclusive economic growth? Which investments can best bring Africa between social and planetary boundaries?

TRADITIONAL ECONOMIC GROWTH

INCLUSIVE AND SUSTAINABLE GROWTH

Low income countries: focused on tackling poverty but without locking in to unsustainable resource use High income countries: the challenge of decoupling economic growth from resource use Emerging economies: high potential to transform pathways of resource use along with rising wellbeing INCLUSIVE AND SUSTAINABLE GROWTH

Gross Domestic Product THE BIGGER PICTURE OF ECONOMIC DEVELOPMENT Value of goods and services in the monetised economy

+ Value of unpaid goods and services unpaid care services unpaid ecosystem functions undervalued public goods Gross Domestic Product Value of goods and services in the monetised economy THE BIGGER PICTURE OF ECONOMIC DEVELOPMENT

Social Community Institutions Human Health Education Care Natural Ecosystems Non/renewable resources Physical Infrastructure Machinery Financial Savings Equity unpaid care services unpaid ecosystem functions undervalued public goods Gross Domestic Product + Underlying stocks of assets – in five dimensions Value of goods and services in the monetised economy + Value of unpaid goods and services THE BIGGER PICTURE OF ECONOMIC DEVELOPMENT

Social Community Institutions Human Health Education Care Natural Ecosystems Non/renewable resources Physical Infrastructure Machinery Financial Savings Equity unpaid care services unpaid ecosystem functions undervalued public goods Gross Domestic Product Distribution of incomes and assets Value of goods and services in the monetised economy + Value of unpaid goods and services + Underlying stocks of assets – in five dimensions + How incomes and wealth are distributed across household, and by gender and race THE BIGGER PICTURE OF ECONOMIC DEVELOPMENT

A SAFE AND JUST SPACE FOR HUMANITY Kate Raworth, Oxfam.