Both carrots and sticks, please!
This week, CEO of Globe Hope Seija Lukkala talks about the future of our planet and what needs to be done about it.
Our natural resources are vanishing at a threatening pace; and meanwhile, we humans strive to maximise economic growth by consuming more and more. This is a strange equation.
The world’s population keeps on growing rapidly. We would need 1.6 Earths for our renewable natural resources to stay up to speed with the current consumption rates. If everyone on the planet used them up on the same level as us Finns, we would need 3.4 Earths.
Have we lost our minds? We’re eating from the plates of our children and grandchildren!
It could be that we don’t want to understand the inconvenient truth, because it would require action. We ought to contemplate how and what we consume. Are we shopping because we need to or just because we want to? In developed countries, consumers make dozens of decisions every day. The choices of individuals make a difference.
What can just one person do? We need to be retaught how to consume – sustainably. Cheap products don’t tend to last long, and, in the end, cheap isn’t cheap at all.
Of course companies are responsible, too; but the truth is that nothing is produced unless people buy it. Producing bad-quality items should be banned. Using our shared natural resources to make these products is downright criminal. When can we expect to have regulation to control the waste of the natural resources that belong to all of us?
Unfortunately, we humans can be greedy and short-sighted. Now we need consumers, companies, countries and legislators to all contribute with common sense. In our greed, we don’t see the bigger picture.
We Finns have incredible opportunities to develop completely new, disruptive models and businesses in the fields of resource efficiency and circular economy. Let’s not miss out on the chance of a lifetime.
Developing technologies alone won’t suffice in saving the world. We continue to need common sense, sticks and carrots.