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This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

Members

Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett

Email address for group

economics@m.resiliencesystem.org

NGOs Speak: Their Most Pressing Humanitarian Priorities for 2016

             

South Sudan tops many aid agencies' humanitarian priority lists. as a three-year civil war exacts a heavy toll on the citizens of the country.  (Nichole Sobecki, AFP)

Following a call from the UN for a record $20.1 billion, 15 of the world's leading aid agencies were polled on their top humanitarian concerns.

mg.co.za - by Tom Esslemont - December 28, 2015

There’s one prediction for 2016 that most aid workers can make with confidence – that the new year will usher in rising humanitarian needs.

Besides displacement caused by long-term conflicts in places like Syria and South Sudan, there is also the threat of more violence in Central African Republic and hunger caused by El Nino, which is expected to bring more drought to already-parched southern regions in Africa and potential flooding in the east. . . .

. . . A Thomson Reuters Foundation poll asked 15 of the world’s leading aid agencies to name their top three humanitarian priorities for 2016. Not surprisingly, Syria topped the list of concerns. But what were the others?

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Unmitigated Climate Change to Shrink Global Economy by 23 Percent, Researchers Find

CLICK HERE - STUDY - Global non-linear effect of temperature on economic production

reuters.com - by Ben Gruber - November 16, 2015

Berkeley, California (Reuters) When the world heats up, economies around the globe will cool down. That's according to a new study which predicts that rising temperatures due to climate change will wreak havoc on economic output.  

"Our best estimate is that the global economy as a whole will be 23 percent smaller in 2100 than if we would avoid climate change entirely," said co-author of the study Solomon Hsiang, an associate professor of public policy at the University of California Berkeley. 

The study looked at the relationship between temperature and economic activity in 166 countries over a 50 year period.

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CLICK HERE - Berkeley News - Study finds climate change will reshape global economy

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How the Third Industrial Revolution Will Create a Green Economy

A photograph of a city skyline at dusk with lamps in the foreground that resemble stylized trees.

Image: A photograph of a city skyline at dusk with lamps in the foreground that resemble stylized trees.

huffingtonpost.com - October 20th, 2015 - Jeremy Rifkin

The global economy is slowing, productivity is waning in every region of the world and unemployment remains stubbornly high in every country. At the same time, economic inequality between the rich and the poor is at the highest point in human history. In 2010 the combined wealth of the 388 richest people in the world equaled the combined wealth of the poorest half of the human race.

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Cutting Greenhouse Gas Emissions Won't Slow Global Economic Growth — Report

          

Increased use of low-carbon energy sources instead of fossil energy sources is making it easier for countries to decouple economic growth from greenhouse gas emissions, according to a new report.  Photograph: Mick Tsikas/Reuters

New report from green think tank Heinrich Boll shows OECD countries grew their economies 16% in last decade – and cut greenhouse gas emissions 6.4%

CLICK HERE - RESEARCH REPORT - Turning point: Decoupling Greenhouse Gas Emissions from Economic Growth

theguardian.com - by Bruce Watson - September 26, 2015

As the world works out how to avoid catastrophic climate change, one of the biggest questions remaining is whether we can continue to grow economically without also increasing greenhouse gas emissions.

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L.A. to Declare 'State of Emergency' on Homelessness, Commit $100 Million

      

Annie Moody adjusts belongings next to her tent on Towne Avenue at 6th Street in Los Angeles. (Gary Friedman / Los Angeles Times)

latimes.com - by Peter Jamison, David Zahniser and Matt Hamilton - September 22, 2015

Los Angeles elected leaders announced Tuesday that they will declare a “state of emergency” on the growing homelessness problem in the city and commit $100 million toward housing and other services for homeless people.

The proposal, which was presented at a City Hall press conference attended by City Council members and Mayor Eric Garcetti, coincides with a Garcetti administration proposal, issued late Monday, that aims to free up nearly $13 million in newly anticipated excess tax revenue for short-term housing initiatives.

If approved, the pair of initiatives could significantly increase the resources dedicated to tackling homelessness in a city where the majority of the 26,000 homeless people live on the streets.

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The World Has Pledged To Divest $2.6 Trillion From Fossil Fuels

       

Credit: David J. Phillip / Associated Press

"It is now unstoppable."

huffingtonpost.com - by Nick Visser - September 22, 2015

NEW YORK -- The amount of money the world has pledged to divest from fossil fuels now exceeds $2.6 trillion, a group of policymakers, philanthropists and activists announced Tuesday. The figure is 50 times higher than the $52 billion that had been divested exactly one year ago.

The news was announced at a press conference in New York, hosted by groups including the United Nations, the Rockefeller Brothers Fund and environmental and faith leaders. The hosts said the $2.6 trillion figure was calculated by Arabella Advisors, a private consulting company that works with philanthropic groups.

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CLICK HERE - Arabella Advisors - Measuring the Growth of the Global Fossil Fuel Divestment and Clean Energy Investment Movement (27 page .PDF file)

CLICK HERE - About - 2015 Report - Divest-Invest

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China's Market Convulsions Threaten Petrostates from Russia to Venezuela

             

latinamericanpost.com - by Keith Johnson - August 29, 2015

The Chinese contagion that sparked “Black Monday” is especially worrisome for crude oil prices, which this summer were thought to have finally found a floor after a year of steady price declines. But that floor suddenly looks rotten: U.S. benchmark crude prices fell well below $40 a barrel on Monday, their lowest levels since the depths of the global financial crisis.

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This Graphic Explains Monday’s Stock Market Crash

         

How a slowdown in China can take money out of your pocket

time.com - by Alex Fitzpatrick and Heather Jones - August 24, 2015

The Dow Jones Industrial Average plummeted more than 1,000 points Monday morning, taking millions of Americans’ 401(k) plans down with it. While stocks regained some of their lost ground by Monday afternoon, continued uncertainty over factors as far-ranging as China’s economy to global commodity prices could continue to wreak havoc on the markets for the rest of the week and beyond.

How can an economic slowdown in China take money out of your pocket? Check out the TIME infographic (in the link) below to learn more:

(CLICK HERE - TIME infographic)

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Stock Market Plunge Wipes Out This Year’s Gains

            

washingtonpost.com - by Thad Moore and Drew Harwell - August 21, 2015

A worldwide sell-off pushed U.S. stocks to their worst week since 2011 as spooked investors scattered amid worries of an economic slowdown in China and the potential for higher interest rates at home.

The Dow Jones industrial average capped a four-day losing streak by dropping more than 500 points to close at 16,459.75, sinking 10 percent from its May peak and following even steeper market declines in Asia and Europe.

The rout will further rattle workers whose 401(k) retirement accounts have taken a troubling hit. Investors have lost billions in recent weeks and are flocking to safety-net Treasury bonds as they wait for the bleeding to stop.

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Solar is Having a Great Year, Except on Wall Street

      

Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

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