Arbeitspapier

The importance of tipping points for sustainable development

Solving major sustainability problems such as climate change and the loss of biodiversity requires overcoming a fundamental dilemma: on the one hand, central decisions on the realignment of the economy and society should be quick and far-reaching, on the other hand, actual decision-makers are strongly oriented towards established structures, which entail great inertia and path dependencies. As a result, expectations and reality are often still far apart in sustainability policy. Tipping processes can play a decisive role in closing this gap and generally describe a non-linear and self-sustaining dynamic which can be triggered when a critical threshold (a tipping point) is crossed. The targeted promotion of crossing important thresholds can thus become a successful strategy for sustainability policy. In this paper, we highlight the importance and limitations of tipping dynamics in promoting sustainability. We develop an integrative formal approach to illustrate the characteristics of tipping dynamics in nature, technology, politics, society and the economy, and deepen the discussion using two case studies from economic history. Finally, we discuss implications for research, policy and institutions.

Language
Englisch

Bibliographic citation
Series: Economics Working Paper Series ; No. 24/392

Classification
Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Technological Innovation
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Social Innovation
Subject
Tipping point
sustainability
climate policies
non-linear development

Event
Geistige Schöpfung
(who)
Bretschger, Lucas
Leuthard, Matthias
Event
Veröffentlichung
(who)
ETH Zurich, CER-ETH - Center of Economic Research
(where)
Zurich
(when)
2024

DOI
doi:10.3929/ethz-b-000664830
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bretschger, Lucas
  • Leuthard, Matthias
  • ETH Zurich, CER-ETH - Center of Economic Research

Time of origin

  • 2024

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