Technical Report: Redefine value

Eberle, Caitlyn, Narvaez, Liliana, Mena Benavides, Melisa, Munoz-Rosas, Lionel, Sebesvari, Zita, Shekhar, Himanshu and Zanghi, Alice (2025). Technical Report: Redefine value. Interconnected Disaster Risks 2025. United Nations University Institute for Environment and Human Security.

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  • Sub-type Research report
    Author Eberle, Caitlyn
    Narvaez, Liliana
    Mena Benavides, Melisa
    Munoz-Rosas, Lionel
    Sebesvari, Zita
    Shekhar, Himanshu
    Zanghi, Alice
    Title Technical Report: Redefine value
    Series Title Interconnected Disaster Risks 2025
    Publication Date 2025-04-09
    Place of Publication Bonn
    Publisher United Nations University Institute for Environment and Human Security
    Pages 39
    Language eng
    Abstract Global wealth has skyrocketed, with the world sum of gross domestic product (GDP) rising from $4.5 trillion to over $100 trillion in just 50 years, significantly improving life expectancy and comfort worldwide. However, greater economic wealth does not always translate into increased well-being for people or the planet. Our relentless pursuit of economic gain is pushing the planet to its limits, eroding social cohesion and people’s health. If increased wealth doesn’t necessarily lead to improved well-being, why do we continue to prioritize economic growth? By applying the Theory of Deep Change, developed for the 2025 edition of the Interconnected Disaster Risks report, this technical background report discusses the risks perpetuated by the market economy and what a better system could look like. The report discusses the benefits of a well-being economy, shifting focus from perpetual growth to achieving balance, where value is determined by contribution to health and happiness. The report highlights the necessity for deep change that can be achieved by changing societal assumptions and values, called inner levers, combined with structural changes, such as new laws, infrastructure or behavior, called outer levers. With this, we can guarantee that everyone’s needs are met to live a life with dignity and happiness, within the boundaries of what Earth can provide. It is possible, and we can achieve it for the benefit of the planet and those who rely on it.
    UNBIS Thesaurus HEALTH
    NEOLIBERALISM
    WEALTH
    Keyword Economy
    Well-being
    Time poverty
    Loneliness
    Inequality
    Care
    Sufficiency
    Humility
    Life purpose
    Deep change
    Transformation
    Copyright Holder United Nations University Institute for Environment and Human Security
    Copyright Year 2025
    Copyright type Creative commons
    DOI 10.53324/ZGCO8447
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    Created: Wed, 09 Apr 2025, 03:17:48 JST by Aarti Basnyat on behalf of UNU EHS