They take may forms from associations, businesses, farms, social entreprises or cooperatives. A regenerative economy is an economic system that is designed to support the long-term health and well-being of both people and the planet. It focuses on creating a closed-loop system where waste is minimised, resources are conserved, and natural systems are restored. It also thinks of itself as nested in a bioregion and community to which it is interdependent.
This is Economic Healing.
Overall 'big business' has a destructive effect on the natural world and the communities.
The world is seen through a short termistic and purely reductionist lens.
There is a new breed of entrepreneurs that seek to regenerate the local social fabric and bioregional natural ecosystems and nourish people instead of parasiting them with endless futile addictions.
WHAT IS A REGENERATIVE BUSINESS ?
Regenerative businesses have a holistic approach taking a 360° degree perspective of all the :
1. Do more good
2. See themselves as part of Earth’s living systems
3. Consider their company as a living system with an evolutionary purpose
4. Adopt a collaborative value-for-all mindset
5. Think long-term as custodians of future generations
6. Challenge the status quo disrupting traditional way of doing business
7. Respect locality including community, biodiversity, bio-regions and culture
8. Foster empowered participation, equity, and redistribution
9. Embrace qualitative and systemic transformation.
10. Don’t just measure things, measure relationships, using 'Warm data'
REGENERATIVE PRACTICES
Businesses pass through three main developmental stages on the path to a Regenerative economy:
“Do Less Harm”, “Do No Harm”, “Restorative” and “Regenerative”.
The fourth developmental field represents a critical shift in mindset away from previous models of business which were designed to extract resources and exploit humans.