H2 · Transition

Triodos Bank Champions Post-Growth Economy, Prioritizing Well-Being Over Endless Expansion

Triodos Bank’s Economic Outlook 2024 highlights a major shift in thinking about economic growth. The bank argues that the global economy’s reliance on constant growth is unsustainable and is leading to structural breakdowns. Triodos calls for a move towards a “post-growth” economy, where well-being and sustainability are prioritized over endless expansion. This approach challenges traditional investment strategies and economic models, urging investors and policymakers to rethink how value and progress are measured. The signal is disruptive because it questions the core assumption that growth is always positive, promoting a new vision for a resilient, future-proof economy.

Reading the signal

Four first readings, drafted with AI assistance in my scanning database and marked ready for editorial use. They are prompts for thinking, not findings.

01

How could the future be different?

Triodos Bank’s call for a post-growth economy signals a potential paradigm shift in humanitarian and international development, where success may be redefined by well-being, equity, and ecological sustainability rather than GDP growth—potentially leading to new funding models, metrics, and priorities that center human and planetary flourishing over traditional economic expansion.

02

What new possibility might emerge?

Triodos Bank’s post-growth vision could catalyze the emergence of humanitarian and development initiatives that measure success through regenerative impact, such as restored ecosystems and thriving communities, unlocking new funding streams tied to social and environmental dividends rather than financial returns.

03

What might be the downside?

This could deprioritize urgent economic growth needs in least developed countries, risking increased poverty and instability.

04

Implications for development

Triodos Bank’s advocacy for a post-growth economy could catalyze a radical reimagining of humanitarianism and international development, shifting the sector’s core metrics from GDP-driven outputs to regenerative, well-being-centered outcomes—potentially disrupting funding flows, partnership models, and the very definition of progress in favor of planetary and social resilience.

More signals

Overview

How this signal is classified.

PESTEL+

Economy

Time horizon

H2 · Transition

Scan type

Emerging Issue

Country

Global

Source date

28 November 2023

Source

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