Between 22-27th of August AdaptEcon students and supervisors took part in the final AdaptEcon workshop on a New Economy for the 21st Century, held in Reykjavik and Hella, Iceland, between 22-26th of August. The event started with the cluster meeting of the Wellbeing Economy Alliance (WEAll) research team on the 22nd of August in Reykjavik.

WEAll was founded in 2017 by merging two organisations – the Alliance for Sustainability and Prosperity (ASAP) and Leading for Wellbeing. Many of the founders had been involved with work with the Government of Bhutan´s International Expert Group from 2012-2013 to bring “beyond GDP growth” indicators, such as Gross National Happiness, into the dialogue while developing the UN Sustainable Development Goals (SDGs) that were agreed in 2015. WEAll took off early 2018. The fundamental goal is to bring everyone engaged in new economic thinking to the fore and promote a new economy that works for people and all of life within planetary boundaries. As such, it was an invaluable opportunity for Early Stage Researchers to take part in the cluster meeting of the research team.


The WEAll team also joined the AdaptEcon team in Hella, where most of the work spread over three days focused on creating a new narrative for the world economy and identifying transition pathways. During the first day, on the 23rd, AdaptEcon2 project coordinator Kristin Vala Ragnarsdottir and the Partner Organisation Coordinator Jenneth Parker gave presentations on economy transition and how results from AdaptEcon can contribute to that transition. Claudia Meglin also gave a presentation on MetaIntegral interactive tool developed in California with the purpose of raising awareness and building towards resilient economic entities. In between presentations, participants worked in groups with the objective of building a framework for a transition economy. In the evening, the ESRs had the chance to present their research results in the form of posters and receive constructive feedback from the participants.




During the second day, the participants were trained in writing a winning press release by Lisa Hough-Steward, Communications and Mobilisation Lead at WEAll, previously at Oxfam. Work also continued in groups to develop the economic transition framework, which were eventually analysed through rotation. Peter Victor, Professor at York University in Canada and member of the Club of Rome, presented his work on future scenarios. In the evening, more groups work was done on the economic frameworks.


The third day started with presentations of the frameworks from each group. Some developed conceptual frameworks, others an interactive game to raise awareness and one of the groups decided to have an act on how the economic transition should play out. In the afternoon, Kristin Vala Ragnasdottir led discussions on what kind of education system we need for the new economy, while participants were trained one by one to give a TEDx-like talk for the approaching AdaptEcon final conference in Reykjavik. In the evening, Katherine Trebeck, Policy and Knowledge Lead at WEAll, gave a presentation on the bridges and transition pathways for the new economy. Work at the three days in Hella were concluded by Kristin Vala, who synthesised the workshop just before dinner.



Monday the 26th was reserved for transfer back to Reykjavik and then work at the University of Iceland to compile the economic frameworks and prepare

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