HP052 - Inclusive development, climate change, the SDGs and social justice: the problem of stranded resources and assets
Convened by Joyeeta Gupta and Barbara Hogenboom (both from University of Amsterdam, the Netherlands)
Climate change requires drastic restructuring of global society. This will lead to winners and losers and will require increased levels of global solidarity. For example, countries are being asked to not use their fossil fuel reserves (which makes such reserves a stranded resource) and move from fossil fuel infrastructure to renewable energy infrastructure (which makes fossil fuel infrastructure a stranded asset). In the context of the Sustainable Development Goals, the question is what kinds of development (e.g. inclusive development/ post development/ de growth) and related measures are needed to leave fossil fuels underground and address climate change in a socially just manner?
EADI Working Group: Inclusive Development