Wednesday, March 18

Sustainability transition requires a nature-focused response to financial stress


  • Rockström, J. & Sukhdev, P. How food connects to all SDGs. Stockholm Resilience Centre https://www.stockholmresilience.org/research/research-news/2016-06-14-the-sdgs-wedding-cake.html (2016).

  • Richardson, K. et al. Earth beyond six of nine planetary boundaries. Sci. Adv. 9, eadh2458 (2023).

    Article 

    Google Scholar
     

  • Lenton, T. M. et al. (eds), (2023). The Global Tipping Points Report 2023. University of Exeter, Exeter, UK.

  • Antoniades, A. Breaking the Cycle: Financial Stress, Unsustainable Growth, and the Transition to Sustainability. Sustainability 17, 7830 (2025).

    Article 

    Google Scholar
     

  • UNCTAD Emerging debt crises pose a threat to the new global development agenda, follow-up to UN resolution needed. United Nations Conference on Trade and Development. (2015).

  • Antonarakis, A. S., Pacca, L. & Antoniades, A. The effect of financial crises on deforestation: A global and regional panel data analysis. Sustainability Sci. 17, 1037–1057 (2022).

    Article 

    Google Scholar
     

  • Adrian, T., Gaspar, V. & Gourinchas, P. O. The Fiscal and Financial Risks of a High-Debt, Slow-Growth World, IMF Blog, (2024).

  • Kasa, S. & Næss, L. O. Financial crisis and state–NGO relations: the case of Brazilian Amazonia, 1998–2000. Soc. Nat. Resour. 18, 791–804 (2005).

    Article 

    Google Scholar
     

  • Dauvergne, P. The environmental implications of Asia’s 1997 financial crisis. IDS Bull. 30, 31–42 (1999).

    Article 

    Google Scholar
     

  • Siddiqi, T. A. The Asian financial crisis—is it good for the global environment?. Glob. Environ. Change 10, 1–7 (2000).

    Article 

    Google Scholar
     

  • Pagiola, S. Deforestation and land use changes induced by the East Asian economic crisis. East Asia Environment and Social Development Unit. (2000).

  • Lekakis, J. N. & Kousis, M. Economic crisis, Troika and the environment in Greece. South Eur. Soc. Politics 18, 305–331 (2013).

    Article 

    Google Scholar
     

  • Gaveau, D., Linkie, M., Suyadi, P. & Leader-Williams, L. N. Three decades of deforestation in southwest Sumatra: effects of coffee prices, law enforcement and rural poverty. Biol. Conserv. 142, 597–605 (2009).

    Article 

    Google Scholar
     

  • Sayer, J. A. et al. Global financial crisis impacts forest conservation in Cameroon. Int. Forestry Rev. 14, 90–98 (2012).

    Article 

    Google Scholar
     

  • UNECA Impact of the Global Financial Crisis and Recession on the SADC Mining Sector, United Nations Economic Commission For Africa, Accessed Online (https://archive.uneca.org/sites/default/files/PublicationFiles/impactofglobalrecession-srosa-2009.pdf). Accessed Aug 2025. (2009).

  • Tieguhong, J. C. et al. Coping with crisis in Central Africa: enhanced role for non-wood forest products. Unasylva 60, 49–54 (2009).


    Google Scholar
     

  • Maxton-Lee, B. Material realities: why Indonesian deforestation persists and conservation fails. J. Contemp. Asia 48, 419–444 (2018).

    Article 

    Google Scholar
     

  • Elliott, L. Shades of green in East Asia: the impact of financial crises on the environment. Contemp. Politics 17, 167–183 (2011).

    Article 

    Google Scholar
     

  • Anbumozhi, V. & Bauer, A. Impact of Global Recession on Sustainable Development and Poverty Linkages. ADBI Working Paper 227. Tokyo: Asian Development Bank Institute. (2010).

  • Saffari, A. et al. Increased biomass burning due to the economic crisis in Greece and its adverse impact on wintertime air quality in Thessaloniki. Environ. Sci. Technol. 47, 13313–13320 (2013).

    Article 

    Google Scholar
     

  • Peters, G. P., Minx, J. C., Weber, C. L. & Edenhofer, O. Growth in emission transfers via international trade from 1990 to 2008. Proc. Natl. Acad. Sci. 108, 8903–8908 (2011).

    Article 

    Google Scholar
     

  • Forster, P. M. et al. Current and future global climate impacts resulting from COVID-19. Nat. Clim. Change 10, 913–919 (2020).

    Article 

    Google Scholar
     

  • Le Quéré, C. et al. Fossil CO2 emissions in the post-COVID-19 era. Nat. Clim. Change 11, 197–199 (2021).

    Article 

    Google Scholar
     

  • Liu, D. et al. COVID-19 lockdown improved river water quality in China. Sci. Total Environ. 802, 149585 (2022).

    Article 

    Google Scholar
     

  • Singhal, V. et al. COVID-19, deforestation, and green economy. Front. For. Glob. Change 6, 1305779 (2024).

    Article 

    Google Scholar
     

  • Pacca, L., Antonarakis, A., Schröder, P. & Antoniades, A. The effect of financial crises on air pollutant emissions: An assessment of the short vs. medium-term effects. Sci. Total Environ. 698, 133614 (2020).

    Article 

    Google Scholar
     

  • Jalles, J. T. The impact of financial crises on the environment in developing countries. Ann. Financ. 16, 281–306 (2020).

    Article 

    Google Scholar
     

  • Antoniades, A., Widiarto, I. & Antonarakis, A. S. Financial crises and the attainment of the SDGs: an adjusted multidimensional poverty approach. Sustainability Sci. 15, 1683–1698 (2020).

    Article 

    Google Scholar
     

  • Stolbov, M., Shchepeleva, M. & Parfenov, D. What is the relationship between biodiversity and the frequency of financial crises? Global evidence. Econ. Lett. 250, 112259 (2025).

    Article 

    Google Scholar
     

  • Malešević Perović, L. & Ćorić, B. The Impact of Economic Disasters on Multidimensional Sustainability: Evidence from Cross-Country Data. Sustain. Dev. 33, 3615–3630 (2025).

    Article 

    Google Scholar
     

  • King, M. The World Turned Upside Down: Economic Policy in Turbulent Times, Per Jacobsson Foundation, Available at: https://meetings.imf.org/en/-/media/amsm/files/am2019/per-jacobsson-lecture-2019.pdf.(2019),

  • Cantone, B., Antonarakis, A. S. & Antoniades, A. The great stagnation and environmental sustainability: A multidimensional perspective. Sustain. Dev. 29, 485–503 (2021).

    Article 

    Google Scholar
     

  • Jackson, T. Prosperity without growth: foundations for the economy of tomorrow. Taylor & Francis.(2016).

  • Hickel, J. et al. Degrowth can work—here’s how science can help. Nature 612, 400–403 (2022).

    Article 

    Google Scholar
     

  • Kallis, G. et al. Post-growth: the science of wellbeing within planetary boundaries. Lancet Planet. Health 9, e62–e78 (2025).

    Article 

    Google Scholar
     

  • O’Callaghan, B. et al. Global Recovery Observatory. Oxford University Economic Recovery Project (2021).

  • UNEP State of Finance for Nature: The Big Nature Turnaround – Repurposing $7 trillion to combat nature loss. Nairobi. https://doi.org/10.59117/20.500.11822/44278.(2023).

  • World Economic Forum The Global Risks Report 2025, 20th Edition. Accessed Online: https://www.weforum.org/publications/global-risks-report-2025/digest/.(2025).

  • Johnson, J. A. et al. (2021). The Economic Case for Nature: A Global Earth-Economy Model to Assess Development Policy Pathways. World Bank. Washington, DC, https://doi.org/10.1596/35882.

  • Ranger, N. et al. (2024). Assessing the materiality of nature-related financial risks for the UK. Green Finance Institute.

  • Mehra, S. & Daouda, A. (2025). Is natural capital the key to resilience and stability? World Economic Forum. Available at: https://www.weforum.org/stories/2025/06/natural-capital-economic-resilience-global-stability/ (Accessed: 12 September (2025).

  • Waldron, A. et al. (2020). Protecting 30% of the Planet for Nature: Costs, Benefits and Economic Implications. https://helda.helsinki.fi/bitstream/handle/10138/326470/Waldron_Report_FINAL_sml.pdf?sequence=1&isAllowed=y

  • Chausson, A. et al. Harnessing nature-based solutions for economic recovery: A systematic review. PLOS Clim. 3, e0000281 (2024).

    Article 

    Google Scholar
     

  • Alcamo, J. et al. Analysing interactions among the sustainable development goals: findings and emerging issues from local and global studies. Sustainability Sci. 15, 1561–1572 (2020).

    Article 

    Google Scholar
     

  • Lawrence, P. The return of recession, debt and structural adjustment. Rev. Afr. Political Econ. 49, 523–530 (2022).


    Google Scholar
     

  • Siddiqui, K. International financial institutions and Western hegemony: Debt, austerity, and the exploitation of the Global South. The World Financial Review, 5 August. Available at: https://worldfinancialreview.com/international-financial-institutions-and-western-hegemony-debt-austerity-and-the-exploitation-of-the-global-south. (Accessed: [22-12-2025]).(2025).

  • Newell, P. ‘Finance for the Common Good: Re-Thinking the Relationship between Finance, Poverty and Sustainability’ in Antoniades, A. et al. (eds) Financial Crises, Poverty and Environmental Sustainability: Challenges in the Context of the SDGs and Covid-19 Recovery United Nations. Springer, 17-25.(2022).



  • Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *