Mazzucato, Mariana; Braga, João Pedro; (2024) A just transition for the Amazon: A mission-oriented framework. (UCL Institute for Innovation and Public Purpose, Working Paper Series 2024-15). UCL Institute for Innovation and Public Purpose (IIPP): London, UK.

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Abstract

The Amazon Rainforest plays a crucial role in global sustainability due to its unparalleled socio-biodiversity and role in climate regulation. But deforestation, illegal mining, unregulated agriculture and other challenges threaten both its ecosystems and the well-being of its peoples. This working paper presents a framework for addressing the Pan-Amazon’s interconnected challenges and for realising its economic potential in a way that benefits the planet and the people living in the region. It proposes a mission-oriented approach (Mazzucato 2018; 2021) to turn the region’s challenges into opportunities for innovation and investment, implemented according to the principles of the common good (Mazzucato, 2023c) to align all stakeholders, including local communities, around shared goals and that produce shared value. In this sense, it lays out a new development pathway that prioritises ecological preservation, sustainable development, and justice for local populations.

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