Policy for a Redesigned Economy

In this project, we will identify and illustrate leverage points for a transformative innovation policy. Here we define policy as policy instruments, policy objectives and policy processes that politicians can use to steer behaviours in a chosen direction. As Sweden's research institute, we have unique insights into what prevents business and societal actors from taking real steps towards more sustainable and circular business models and operations. We will use these insights as a basis for the project. First, we will conduct a literature review to collect available methods, tools and languages to visualize the current economic system and use in the following process. Then, we will identify and visualize challenges and possible solutions with the help of stakeholders representing business, the financial sector, policy makers, the public sector, authorities and civil society. 

To have a thorough and base to start from, we will develop a clear visualization and narrative of the current economic and financial system and how its inherent logic of short-term profit drives unsustainable behaviour and leads to an escalating depletion of the Earth's resources and climate crisis. 

Finally, we will compile the results in a model that visualizes effective measures for a transformative innovation policy and also propose such a policy. Results will be transformed into infographics and other formats that are easy to communicate in many different channels and to allow project partners to benefit from the project results. Our target audience is business and finance leaders and policy actors at different levels. 

We expect the outcome of this project to make a significant contribution to changing decision-making towards a more sustainable, safe and healthy economy that operates within planetary boundaries.