Migrant Boat 300X300

The Mediterranean migrant crisis, big business and climate change

Foreign direct investment (FDI) can be a major driver of economic growth in developing nations – as long as it seeks to grow human potential and eschews extractive practices which deplete resources, damage local environments and offshore any profits.

Published: Tuesday 14 July, 2015



Forced migration is framed as a political issue but climate change and inequality are fuelling the catastrophe and business has a role play in solving it, Henrietta L. Moore writes in the Guardian

Share this article:




Recent Posts

Time for a new prosperity, rooted in a symbiotic relationship with nature

Commentary

The independent review on The Economics of Biodiversity led by Professor Sir Partha Dasgupta has now been delivered to the government. The report underlines our failure to grasp that our economies are “embedded within Nature, and not external to it.” We rely on nature to “provide us with food, water and shelter; regulate our climate and disease; maintain nutrient cycles and oxygen production; and provide us with spiritual fulfilment and opportunities for recreation and recuperation which can enhance our health and well-being.”

Read More

Co-designing solutions to Lebanon’s energy crisis

Commentary

On 4 August 2020, a massive explosion at Beirut’s port killed at least 200 people and caused up to $15bn in damage to buildings and infrastructure – including the destruction of the public electricity company building. It was the latest blow for a country battling a 30-year energy crisis and facing chronic shortages as a result of an ageing infrastructure based around fossil fuels.

Read More

Reinvigorating local economies through Universal Basic Services, not income

Commentary

In 1945, the UK’s welfare state was set up to address the want, need and misery caused by unemployment. Seventy-five years later, prior to the Covid-19 pandemic, we had almost full employment in the UK – and yet we still have massive levels of poverty and precarity experienced by people in work.

Read More