Derk Loorbach, Professor & Director, DRIFT
Sustainability transitions are defined as large-scale systemic changes in subsystems within our economy, such as energy, food, mobility, finance, healthcare, etc. We argue that natural capital approaches enable a specific type of intervention that can create an enabling environment for the acceleration of desired transitions.
For example, introducing the pricing of externalities can push regimes towards destabilization, or can start to reward natural capital positive business models. The x-curve above maps these transition dynamics.
A shift of this nature requires the four following enablers of change:
1. Institutional space for commitment, investment, and institutionalization.
2. Accessible knowledge of different options, methods, and experiences.
3. Organizational structure to exchange, collaborate and challenge.
4. Capacities to identify gaps, and challenge and influence incumbent norms.
Read the full report here.