Redefining Prosperity: The Economic Potential of Regenerative Systems

Regenerative systems, literally a series of interlinking activities which regenerate the world around them - can save our Earth and its species. It is an evolving concept that revolutionises the world by renouncing unsustainable customs of our current economy. Today, people treat GDP growth and productivity as indicators of economic prosperity and this has been embedded in us since our forefathers, textbooks and capitalist practices of our society. Yet do they even account for the environmental degradation and societal inequalities that arise because of this so-called ‘prosperity’?  For instance, greenhouse gases caused by manufacturing and overproduction increase the amount of carbon concentration in the atmosphere which is detrimental to everyone’s health. This is a plain and obvious conclusion but do you know that these activities negatively impact low skilled labourers such as farmers and fishermen? Visualise this - due to the amount of carbon released by manufacturing and overproduction into the atmosphere, the climate gets warmer. Warmer air holds more water density, triggering stronger rainfalls and storm surges. These strong weather conditions then result in the displacement of livelihoods, threatening the earning potential of the low income population and increasing the prices of our food commodities. This case is one of many reasons why we need regenerative systems.

A regenerative system is designed to achieve a fundamental shift in the economy as a whole. Unlike Environmental, Social and Governance (ESG) metrics and reporting that may serve as means to an end, this system focuses on the long term health and well-being of the planet and its inhabitants by targeting the grassroots level. The ‘builders’ of this system include circular economies, community-based organisations (CBOs), non-profit organisations (NGOs) and companies that prioritise their socio-ecological impact rather than financial incentives. Collaborative efforts between these builders strengthen the foundations that will enhance the state of the environment and people. LEAF is redefining the meaning of prosperity by igniting the power of community-led grassroot initiatives through reforestation activities, training and knowledge transfer. With establishment of tree nurseries, botanical research and community partnerships in Africa and beyond, the LEAF Charity restores the gradual loss of connection between people and planet. Our focus on reforestation is based on the recognition of trees, forests and biodiversity’s’ critical role in mitigating climate change, providing habitats for wildlife and supporting local livelihoods. Grounded in commitment on environmental stewardship, we support the genuine abundance of meaningful societal progress.

The post-war industrial past developed this capitalist mindset that we are now engraved upon. This brought about the complex and multifaceted problems in our economy while regenerative systems remain few in numbers and have yet to be integrated into policy across many countries. Reconditioning our current mindset on the meaning of ‘prosperity’ would need the support of  the government - read Reimagining Policy: The Imperative for Environmental Policy in Shaping Sustainable Societies. Nonetheless, we believe that small changes can lead to greater outcomes. Learn more how you can be a part of this change by supporting our projects towards building regenerative systems here