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Proposals for a sustainable and inclusive wellbeing economy

EDM (Early Day Motion) 196: tabled on 24 February 2020

Tabled in the 2019-21 session.

This motion has been signed by 18 Members. It has not yet had any amendments submitted.

Motion text

That this House welcomes the formal opinion on a sustainable and inclusive wellbeing economy, adopted by the European Economic and Social Committee (EESC) on 24 January 2020; recognises that this opinion is the last one developed with the 24 UK members of the EESC and thanks them for their contributions; further welcomes the EESC’s call for a new vision of prosperity for people and planet based on the principles of environmental sustainability, the right to a decent life, and the protection of social values; notes that the EESC highlights that the pursuit of GDP growth ignores important elements of individual and social wellbeing and fails to account properly for environmental and social considerations; welcomes the call for a precautionary approach so that macroeconomic stability does not depend on GDP growth; further welcomes the call for new indicators of economic performance and social progress; and calls on the UK Government and HM Treasury in particular to at least match the ambition and leadership shown by the EESC by conducting a review of the growth dependency of the UK economy and to develop a comprehensive strategy to transition to a wellbeing economy that protects and restores ecosystems and biodiversity, reduces inequality, fosters sustainable entrepreneurship and delivers a just transition to a climate neutral way of life for all UK citizens.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

There are no withdrawn signatures for this motion.