WISE Horizons | Wellbeing, inclusion, sustainability and the economy

Summary
WISE Horizons will inform and accelerate the transition to a new economic paradigm with wellbeing, inclusion and sustainability at its core. The project will create a state-of-the-art theoretical framework which synthesises the current post-growth initiatives through a novel and open access WISE accounting framework. The framework will define core terms and link to Beyond-GDP metrics, satellite accounts, policy strategies and the current generation of economic and integrated models. It will link to European policy strategies such as the Net-zero targets, the Circular Economy transition and Sustainable Competitiveness. With partners in Africa, the US and China it will also globally assess the current and new economic paradigms from the perspective of Sustainable Developments Goals.

Any transition will result in trade-offs and synergies between different elements of a new economy such as wellbeing, inclusion and sustainability. These will be empirically analysed and used to inform policy and society about the choices that will shape the future up to 2050. The historical empirical analyses will use the WISE database and thematic/integrated models that address the core questions and policies of the post-growth society will be created by leading experts/institutes in the field of Beyond-GDP, inequality, sustainability and post-growth economics.

To maximise the impact of the project, the WISE stakeholder Platform, which is a “network of networks” will be created and the groups involved in the WISE Platform will be engaged in communication, dissemination and exploitation. The empirical research involved in this project will be done in a novel co-creative approach involving stakeholders in 5 co-creation labs/workshops. Special attention is given to individuals that are negatively affected by the transformation. An ambitious communication strategy will facilitate a new public debate away from the standard economic paradigm and towards a new paradigm fit for the future.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/101095219
Start date: 01-01-2023
End date: 31-12-2026
Total budget - Public funding: 2 397 725,00 Euro - 2 397 725,00 Euro
Cordis data

Original description

WISE Horizons will inform and accelerate the transition to a new economic paradigm with wellbeing, inclusion and sustainability at its core. The project will create a state-of-the-art theoretical framework which synthesises the current post-growth initiatives through a novel and open access WISE accounting framework. The framework will define core terms and link to Beyond-GDP metrics, satellite accounts, policy strategies and the current generation of economic and integrated models. It will link to European policy strategies such as the Net-zero targets, the Circular Economy transition and Sustainable Competitiveness. With partners in Africa, the US and China it will also globally assess the current and new economic paradigms from the perspective of Sustainable Developments Goals.

Any transition will result in trade-offs and synergies between different elements of a new economy such as wellbeing, inclusion and sustainability. These will be empirically analysed and used to inform policy and society about the choices that will shape the future up to 2050. The historical empirical analyses will use the WISE database and thematic/integrated models that address the core questions and policies of the post-growth society will be created by leading experts/institutes in the field of Beyond-GDP, inequality, sustainability and post-growth economics.

To maximise the impact of the project, the WISE stakeholder Platform, which is a “network of networks” will be created and the groups involved in the WISE Platform will be engaged in communication, dissemination and exploitation. The empirical research involved in this project will be done in a novel co-creative approach involving stakeholders in 5 co-creation labs/workshops. Special attention is given to individuals that are negatively affected by the transformation. An ambitious communication strategy will facilitate a new public debate away from the standard economic paradigm and towards a new paradigm fit for the future.

Status

SIGNED

Call topic

HORIZON-CL2-2022-TRANSFORMATIONS-01-01

Update Date

09-02-2023
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Horizon Europe
HORIZON.2 Global Challenges and European Industrial Competitiveness
HORIZON.2.2 Culture, creativity and inclusive society
HORIZON.2.2.0 Cross-cutting call topics
HORIZON-CL2-2022-TRANSFORMATIONS-01
HORIZON-CL2-2022-TRANSFORMATIONS-01-01 Public policies and indicators for well-being and sustainable development
HORIZON.2.2.3 Social and Economic Transformations
HORIZON-CL2-2022-TRANSFORMATIONS-01
HORIZON-CL2-2022-TRANSFORMATIONS-01-01 Public policies and indicators for well-being and sustainable development