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A just transition for the Amazon: A mission-oriented framework
Authored by Mariana Mazzucato and João Pedro Braga
24 October 2024
A just transition for the Amazon: A mission-oriented framework | UCL Institute for Innovation and Public Purpose (IIPP) Working Paper Series: IIPP WP 2024-15
Authors:
- Mariana Mazzucato | Founding Director and Professor in the Economics of Innovation and Public Value | UCL Institute for Innovation and Public Purpose
- João Pedro Braga | PhD Candidate | UCL Institute for Innovation and Public Purpose | Member of the Youth Advisory Committee for the Science Panel for the Amazon (YAC-SPA)
Abstract:
The Amazon Rainforest plays a crucial role in global sustainability due to its unparalleled socio-biodiversity and role in climate regulation. But deforestation, illegal mining, unregulated agriculture and other challenges threaten both its ecosystems and the well-being of its peoples. This working paper presents a framework for addressing the Pan-Amazon’s interconnected challenges and for realising its economic potential in a way that benefits the planet and the people living in the region. It proposes a mission-oriented approach (Mazzucato 2018; 2021) to turn the region’s challenges into opportunities for innovation and investment, implemented according to the principles of the common good (Mazzucato, 2023c) to align all stakeholders, including local communities, around shared goals and that produce shared value. In this sense, it lays out a new development pathway that prioritises ecological preservation, sustainable development, and justice for local populations.
Reference:
This working paper can be referenced as follows: Mazzucato, M., and Braga, JP. (2024). A just transition for the Amazon: a mission-oriented framework. UCL Institute for Innovation and Public Purpose, Working Paper Series (IIPP WP 2024-15). ISSN 2635-0122 Available at: https://www.ucl.ac.uk/bartlett/public-purpose/WP2024-15
This work was made possible thanks to funding support from Open Society Foundations