Co-Evolutionary Approach to Natural Resource Management: The transition to a sustainable low carbon economy will require innovation and deployment of a range of low carbon technologies for delivering energy and other services for individuals, communities & businesses. However it is important to analyze what generates influence between key evolving systems of technologies, institutions and business strategies. A key approach to assess this transition is that of a socio-technological niche, social-technical regimes and landscape. This approach is based on the belief that evolutionary theories of economic change go against the neo-classical economic assumptions of perfect rationality of actors and quasi-equilibrium.
Read about Hasiru Dala Innovations, a social enterprise in Bengaluru, which aims to provide predictable livelihoods to waste pickers through circular economy centric business models that have both a social and an environmental impact. Their business model of decentralized franchisees empowers waste pickers to be entrepreneurs and job creators