What is a regenerative economy?

For us, it is an economy where all economic activity strengthens natural and human systems, described by these 8 principles:

In Right Relationship: Humanity is in a web of relationships with all life; damage to any part affects the whole system.
Holistic Wealth: Wealth is defined as whole-system health across multiple forms of capital (social, cultural, living), not just financial.
Embrace Change: The economy constantly changes and adapts in order to meet everyone's evolving needs.
Mutually Beneficial: Everyone in the economy meets their own needs while contributing to the health of the whole.
Scales Deeply: The economy embraces and nurtures diverse, place-based approaches shaped by unique local contexts, valuing depth over the scalability of monoculture.
Abundance at the Edges: Abundance is cultivated at the intersections between different sectors, disciplines, and communities — like the abundance of life in tidal zones.
Circulation over Accumulation or Waste: The economy incentivizes healthy circulation of money, resources, and information; instead of accumulation.
Goal Harmony: The economy harmonizes multiple goals simultaneously (e.g. efficiency and resilience, collaboration and competition) rather than optimizing for a single metric.

These are condensed versions of the 8 Principles of a Regenerative Economy, suitable for the context of our work here at Work on Climate.