The sustainable economy we need

The adoption of the UN Sustainable Development Goals in 2015 represents a turning point in the way the international community has decided to tackle global issues by bringing together economic, environmental and social dimensions in an integrated manner. The aim should be to balance economic prosperity with environmental sustainability and social inclusion and cohesion, promoting sustainable investment and innovation, good work, democratic participation and rule of law.

The economy should be an enabler for achieving the Sustainable Development Goals. It is therefore time to reflect upon a possible transition to a new economic model, which allows both people and planet to thrive and prosper.

The EESC is currently drafting an opinion that aims to define what "the sustainable economy we need" should look like by exploring new economic models, investment decisions vis-à-vis technological advances as well as novel indicators for growth and competitiveness.

The public hearing on 11 June will highlight the challenges by analyzing the current situation as well as start a debate with various stakeholders from civil society, academia and public institutions on a possible vision for an economy that works for all.