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Amsterdam’s Doughnut-Shaped Economic Model Gives Hope For A Post-COVID-19 Green Recovery

Amsterdam’s Doughnut-Shaped Economic Model Gives Hope For A Post-COVID-19 Green Recovery

According to the World Economic Forum, “progress on climate action and sustainability could be a significant casualty of the COVID-19 coronavirus crisis,” but Amsterdam has a recovery plan – and it’s green and doughnut-shaped. It’s called “doughnut economics” or an economic model that envisions “a world in which people and planet can thrive in balance.”

Image: The Amsterdam City Doughnut Report
Image: The Amsterdam City Doughnut Report

As part of the COVID-19 recovery process, The Netherlands plans to incorporate green programs, improve inequalities, rebuild better, change the method in which industries operate, and overall become more self-sustainable. The goal is that nobody should be left in the middle of the doughnut hole and be lacking in the basic essentials of life, such as clean water, healthcare, and education.



Simultaneously, humanity must exist within the perimeters of the circle of the doughnut, which in essence are “ecological boundaries that aim to preserve the Earth’s resources.” Lastly, the doughnut shape remaining in-between those two circles is the ideal place where every human being on the planet has “a solid social foundation and the Earth’s resources aren’t being overexploited.” Watch the video below for more explanation and click here to read the full article.

Amsterdam is using an innovative economic model to build a green recovery from the pandemic

Have you heard of doughnut economics?📕 Read more: https://buff.ly/2ydDYoy #risks20

Posted by World Economic Forum on Tuesday, May 19, 2020