Friday, 03 October 2025
Doughnut Economics in Ireland: A New Model for Sustainable Prosperity In recent years, the urgency for sustainable economic models has grown increasingly apparent as climate change and social inequities threaten our global future. Among the innovative solutions that have emerged is the concept of Doughnut Economics, which offers a transformative framework for building an economy […]
In recent years, the urgency for sustainable economic models has grown increasingly apparent as climate change and social inequities threaten our global future. Among the innovative solutions that have emerged is the concept of Doughnut Economics, which offers a transformative framework for building an economy that prioritises both planetary well-being and social equity. In this article, we will explore how the principles of Doughnut Economics can be applied in Ireland, paving the way for a new model of sustainable prosperity.
Doughnut Economics, developed by economist Kate Raworth, envisions an economy that operates within a “doughnut-shaped” framework. This model comprises two concentric circles: the inner circle represents the social foundation that ensures everyone can meet their basic needs, while the outer circle represents the ecological ceiling that we should not exceed to avoid environmental degradation.
Traditional economic models focus on endless growth, often disregarding the environmental costs and social consequences. Doughnut Economics shifts this paradigm by prioritising well-being over mere economic expansion, aiming to create a resilient and inclusive society within the ecological limits of our planet.
Ireland has faced significant economic challenges, particularly in light of the COVID-19 pandemic and the ongoing impacts of Brexit. Issues such as rising inequality, housing shortages, and environmental degradation highlight the need for a sustainable economic model that prioritises social equity and environmental stewardship.
Ireland has shown a growing commitment to sustainability, evident in policies targeting carbon neutrality and the preservation of biodiversity. However, these initiatives need to be integrated into a comprehensive economic model, such as Doughnut Economics, that addresses both environmental and social aspects cohesively.
To fully embrace Doughnut Economics, Ireland must redefine success beyond Gross Domestic Product (GDP). Policymakers can focus on measuring well-being, environmental health, and social equity to create a more comprehensive understanding of national progress. By utilising indicators that capture quality of life, resource sustainability, and community cohesion, Ireland can aim for holistic growth that aligns with the doughnut framework.
Transitioning to a circular economy aligns perfectly with the principles of Doughnut Economics. In a circular economy, resources are reused, remanufactured, and recycled, reducing waste and energy consumption. Ireland can encourage businesses to adopt circular practices through grants, tax incentives, and training programs, thus creating new jobs while preserving the environment.
Empowering local communities is crucial to achieving the social foundation outlined in Doughnut Economics. Ireland can invest in community-led initiatives that foster social cohesion and economic resilience, such as local food systems, cooperatives, and social enterprises. By prioritising community needs and ensuring that wealth circulates within local economies, Ireland can enhance the well-being of its citizens.
Transitioning to a sustainable economy presents an opportunity to create green jobs and promote industries that align with Doughnut Economics. By investing in renewable energy, sustainable agriculture, and eco-friendly manufacturing, Ireland can bolster its economy while reducing its carbon footprint. Programs that provide training and reskilling opportunities will ensure that the workforce is equipped to thrive in these emerging sectors.
For Doughnut Economics to take root in Ireland, it must be integrated into national policies at all levels of government. This involves creating comprehensive strategies that align economic, social, and environmental goals. The government must engage with diverse stakeholders, including businesses, non-profits, and citizens, to collaboratively design policies that reflect the values of Doughnut Economics.
Raising awareness about Doughnut Economics is essential for garnering public support. Educational initiatives that showcase its principles can empower citizens to advocate for sustainable practices and policies. Incorporating environmental education into school curricula can also foster a generation of individuals who prioritise sustainability and social equity.
As Ireland adopts the principles of Doughnut Economics, it is essential to develop robust metrics for measuring progress. By tracking a range of indicators that encompass social and environmental dimensions, policymakers can assess the effectiveness of their initiatives and make informed decisions based on data.
Doughnut Economics presents a promising pathway for Ireland to transition towards a sustainable and equitable economy. By redefining success, embracing circular economy practices, empowering local communities, and promoting green jobs, Ireland can align its economic activities with the well-being of its citizens and the planet.
As we move forward, it is crucial to engage in open dialogue and collective action to embed Doughnut Economics into the fabric of Irish society. Together, we can create a prosperous future that not only meets the needs of the present but also safeguards the world for generations to come.
If you are passionate about sustainable prosperity and want to contribute to the adoption of Doughnut Economics in Ireland, consider getting involved in local initiatives, supporting eco-friendly businesses, and advocating for policies that prioritise environmental justice and social equity. Our collective efforts can bring about the change we wish to see in the economy and society at large.
Doughnut Economics is a sustainable economic model developed by Kate Raworth that balances essential human needs with environmental limits. In Ireland, it can be applied by redefining success beyond GDP, promoting circular economy practices, and integrating social equity and ecological sustainability into national policies.
Doughnut Economics is highly relevant to Ireland as the country faces rising inequality, housing shortages, and environmental degradation. The model offers a way to address these issues by aligning economic activity with both social well-being and ecological resilience.
Ireland can transition by implementing policies that support green jobs, invest in community-led initiatives, promote circular economy practices, and adopt new indicators that measure well-being and environmental health alongside economic output.
The circular economy is a core principle of Doughnut Economics. In Ireland, embracing circular practices, such as recycling, reusing, and remanufacturing, can reduce waste, lower carbon emissions, and create sustainable jobs while keeping economic activity within planetary boundaries.
People in Ireland can support Doughnut Economics by participating in local sustainability initiatives, supporting eco-friendly businesses, advocating for climate-conscious policies, and promoting education around environmental and social equity in their communities.