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Utilizing basic income to create a sustainable, poverty-free tomorrow – publication
Basic income (BI) involves unconditional, regular cash disbursements to either a segment or to the total population.
In the study “Utilizing basic income to create a sustainable, poverty-free tomorrow“, the authors conduct a global analysis examining the potential impact of BI as a two-pronged solution to both environmental sustainability and social resilience. The authors show that BI can potentially bolster economies. To lower BI implementation costs, the authors suggest a range of strategies aimed at financing BI, strategically designed to concurrently alleviate economic insecurity while fostering nature conservation. The authors argue that BI implementation is feasible and could be a potent tool in addressing the twin challenges of decreasing worldwide poverty while reducing environmental degradation.