Title |
Regenerative economy: A pathway to a future-ready, sustainable Africa |
ID_Doc |
80006 |
Authors |
Walls, Judith L., and Leo Luca Vogel |
Title |
Regenerative economy: A pathway to a future-ready, sustainable Africa |
Year |
2023 |
Published |
Africa Journal of Management 9, no. 4 (2023): 315-337 |
DOI |
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Abstract |
Africa is experiencing a period of rapid economic growth, booming
population, and migration as biodiversity is deteriorating and the
climate is warming. Together, these represent grand societal and
environmental challenges. The African Union and the United
Nations both promote sustainable development, in which society
and nature flourish as the economy progresses. However, achieving this goal is not self-evident. We discuss the concept of regenerative economy and propose it as a path forward for the African context. We identify three levers of action evident in Africa that promote the idea of regenerative economy: clean innovation in technology and business models, leapfrogging through decentralized communication and energy systems, and leveraging African values of horizontal collectivism. We present some case examples of how this can and does work but highlight that achieving regenerative economy en masse depends on scaling up business models, effective governance structures, and capacity building in Africa. If implemented correctly, regenerative economy can offer pathways to a future-ready, sustainable Africa |
Author Keywords |
Africa; sustainability;
sustainable development;
regenerative economy;
climate change; biodiversity
loss; social justice; transition |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
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EID |
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WoS Category |
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Research Area |
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PDF |
https://www.tandfonline.com/doi/pdf/10.1080/23322373.2023.2275110
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