Incentivising ‘regenerative value’ to improve sustainability outcomes

Burnett, Amy (2022) Incentivising ‘regenerative value’ to improve sustainability outcomes. In: Transformative Metrics: Contributions to the Studies for Monitoring and Evaluating How Science, Technology, and Innovation Can Address Social and Environmental Challenges. Vélez-Cuartas, Gabriel and Romero-Goyeneche, Oscar Yandy, eds. University of Antioquia, Medellin, Colombia, pp. 159-190. e-ISBN 9786287592155. [Book Section] (doi:10.17533/978-628-7592-15-5_5)

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Abstract

This chapter argues that whilst specific policy instruments, industry standards, and the Sustainable Development Goals (SDGs) have an important role to play in establishing climate targets, incentivising action and monitoring outcomes requires a more interdependent approach to drive green initiatives at all scales. I put forward a conceptual framework for mutually reinforcing mechanisms and incentives to promote ‘regenerative value’ based on the measurement of net sustainability outputs across different dimensions.

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