21st Century Risk Management
Planet2025 Network activities build upon the main principles of Eco-Insurance for a Sustainable Future (2003), a target-based policy framework and financial mechanism for managing 21st Century ecologically originated risks.
Its objective is to manage humanity’s ecological footprint and strengthen environmental, economic, and human security.
The approach urges decision makers to agree on:
- a sustainable size of humanity’s global ecological footprint
- the time to reach this target
- the premium, fee or tax to compensate for overuse of the planet’s regenerative capacity.
As a policy framework, it provides the essential building blocks for people, organizations, and nations to equitably shrink and share humanity’s ecological footprint over time. Implementation may be mandatory or voluntary. The adoption of market-based instruments has the potential to accelerate the necessary transition to sustainability.
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