Policy report

Ecosystem tipping points: understanding the risks to the economy and the financial system


Pressures on nature from human activity – such as land use change and pollution, as well as climate change - are increasing the risk of terrestrial ‘ecosystem tipping points’ (ETPs): non-linear, self-amplifying and irreversible changes in ecosystem states that can occur rapidly and on a large scale. The authors of this report argue that financial...
Working paper

Putting value creation back into ‘public value’: from market-fixing to market-shaping


This paper examines the intellectual origins of the notion of public value and argues that it relies too heavily on an intellectual framework derived from conventional economics, where the role of the public sector is largely reactive, focused on correcting market failures to enhance economic efficiency.

ADVERTISEMENT