In 2020, Amsterdam embraced the Doughnut Economy to recover from the pandemic, aiming to ensure a high quality of life while respecting environmental limits. Developed by Kate Raworth, the model proposes that economics should focus on providing for everyone’s needs without compromising the planet's health. The Doughnut consists of two circles: the inner social foundation for basic human needs, and the outer environmental ceiling that includes planetary boundaries. Other cities are also adopting this approach to promote sustainability and well-being for all citizens.
The Doughnut Economy emphasizes balancing social needs and environmental limits, advocating for a model where growth is not the sole economic goal.
This model aims to provide a good quality of life for all while respecting planetary boundaries to ensure sustainable living for future generations.
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