The United Nations acknowledge that alternative economic approaches that combine social and environmental values as the basis for locally driven and people-centered development paths can be highly relevant in addressing inequalities and unsustainable patterns amplified by the current crisis.

A session held by the United Nations Development Programme (UNDP) at the 5th World Forum of Local Economic Development aims to bring together experts from some of the most recognized approaches to illustrate their conceptual foundations and possible implications for informing territorial policies in response to the crisis.

The Economy for the Common Good will be presented alongside other models and practices such as the Social and Solidarity Economy (SSE), the economics of welfare, the post-growth economy, or the donut economy. Christian Felber, book author and initiator of the ECG movement, will highlight perspectives and experiences with the common good economy.

The session will take place on May 31st, 17:15 to 18:45 (CET), via streaming.

Find out more about the event here.

You can sign up to join here.

The World Forum of Local Economic Development (WFLED) is part of an ongoing process, which started in 2011 with the celebration of the 1st Forum in Sevilla, Spain and culminates every two years with the celebration of an international event. It is promoted by UNDP, the International Labour Organization (ILO), United Cities and Local Governments (UCLG), the United Regions network (ORU-Fogar), as well as the hosts of past editions.