THE GREAT SHIFT - From a broken world to sustainable well-being

This is a report issued by the Independent Commission for Sustainable Equality, European Parliament, S&D Group on 27/10/2021

Among its most game-changing recommendations are:

• A fundamental reform of public policy at national and European levels in the economic, social and ecological spheres by anchoring policy-making and public budgeting to essential well-being goals, instead of GDP.

• A change of gear at European level in defining legally binding sustainable goals, rules and norms to change the basic terms on which our economic system operates, including a European Responsible Capitalism Act, an EU-wide Anti-Poverty Law, and a Biodiversity Law.

• A change of gear at global level with regard to multinational companies through a legally binding United Nations Convention on Social Responsibility

• A reform of national social welfare systems into a new generation of social-ecological welfare systems, in order to protect citizens from future climate change consequences in material and health terms.