World in Transition: A Social Contract for Sustainability

Organisation:
German Advisory Council on Global Change (WBGU)

In its flagship report, the German Advisory Council on Global Change (WBGU) elaborates explic­itly on the fact that the technological potential for comprehensive decarbonisation is available, outlines business and financing models for the transition, and points out that the political instruments needed for a climate­friendly transformation are widely known. The council also describes how the requisite transformation encompasses profound changes to infrastructures, pro­duction processes, regulation systems and lifestyles, and extends to a new kind of interaction between poli­tics, society, science and the economy. Various multi­level path dependencies and obstacles must be over­come. Furthermore, the transformation can only suc­ceed if nation states put global cooperation mechanisms before their own short­term oriented interests, in order to make a trend reversal, particularly as far as the glo­bal economy is concerned, towards climate­friendliness and sustainability possible. And not least, from a global perspective, this is also about issues of fairness – issues that need resolving.