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
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Englisch
- Bibliographic citation
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Series: Economics Working Paper Series ; No. 24/392
- Classification
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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
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Tipping point
sustainability
climate policies
non-linear development
- Event
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Geistige Schöpfung
- (who)
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Bretschger, Lucas
Leuthard, Matthias
- Event
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Veröffentlichung
- (who)
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ETH Zurich, CER-ETH - Center of Economic Research
- (where)
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Zurich
- (when)
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2024
- DOI
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doi:10.3929/ethz-b-000664830
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bretschger, Lucas
- Leuthard, Matthias
- ETH Zurich, CER-ETH - Center of Economic Research
Time of origin
- 2024