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FROM SUFFICIENCY TO GREEN GROWTH: acting on what matters

Alessio Terzi
Economist at the European Commission and Lecturer (Sciences Po, HEC Paris)

Voluntary demand reduction (sufficiency) can help to decarbonize our economies before 2050. However, considering its limits, it is likely it will play only a minor role on our path to net zero, contrary to what is argued by eco-sufficiency and degrowth advocates. As argued by economist Alessio Terzi in this interview, several unwanted outcomes of degrowth are often neglected by its defenders. In the same light, we tend to forget the inherent link between growth, progress and innovation. In his perspective, our energies should be focused on shifting our growth towards greener solutions, while encouraging positive innovations to solve the challenges ahead.