Traditional economy assumed for over a century that the supply of environmental resources and ecosystem services was unlimited, and nature was predominantly accorded an instrumental value. Nowadays we’re aware that the development must be weighed up on the global carrying capacity and a sustainable economy, for the good of all, dictates using resources wisely and responsibly to function profitability over time on a hand and to maintain the natural and social capital on the other hand. Economic sustainability, one of the sustainability pillars, thus implies an allocation of resources over time aiming at granting the well-being for current and future generations, by the use of strategies for employing existing resources optimally and responsibly. Profit can no longer be the only goal of companies and environmental impacts must be included in business cost-benefit analyses while pursuing innovative, sustainable solutions that simultaneously let the businesses thrive.

Goals:

Development of a circular economy and support to a re-orientation of the economy towards the great potential of the new dynamic markets emerging from the transition, also profiting of the opportunities as “first movers”.
Adoption of resilient measures to deal with the unavoidable effects of the climate change to unforeseen challenges and to market fluctuations by a diversified and innovative economy, supported by an efficient administration.
Enhancement of an economic culture for a long-lasting inclusive and sustainable economic growth that reduces poverty in other countries and provision of financial aids to support all the social layers with the costs related to the transition.