The strategy is based on what Amsterdam says is “the world’s first City Doughnut” economic model. While it’s been a useful model for thinking about the balance between social needs and environmental boundaries, it’s largely been a theoretical tool. “It’s a Three-Peat, Finland Keeps Top Spot as Happiest Country in World,” by the World Happiness Report (2020). Moving To A Circular Economy “[A] circular economy has been one of the city’s priorities for several years now. The model describes how societies and businesses can contribute to economic development while still respecting the limits of the planet and our society. The Amsterdam City Doughnut has been developed in collaboration between Doughnut Economics Action Lab (DEAL), Circle Economy, Biomimicry 3.8 and C40 over the course of one year. “The Amsterdam Doughnut: A Tool for Transformative Action,” by the Doughnut Economics Action Lab (2020). This announcement came as a milestone in the ongoing engagement with the Doughnut economics The doughnut model was developed by Kate Raworth, a senior research associate at Oxford University’s Environmental Change Institute and author of Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist . The idea was conceived by Kate Raworth, an Oxford University economist. I came across Raworth’s book in 2018 and immediately saw the potential of her theory then, as I explained in my personal blog. So it’s been interesting to see Amsterdam take the doughnut as a foundational idea for its vision for the city. Amsterdam is the first city to embrace Doughnut Economics, a concept developed by British economist Kate Raworth. Now, her blueprints for a greener economy are leaping off the page and becoming official policy for the city of Amsterdam as the Dutch capital looks to maneuver its way out of the economic mess left by the coronavirus pandemic. “Possible Target Corridor for Sustainable Use of Global Material Resources,” by Stefan Bringezu (Resources, 2015) EXTRA The city is hoping that implementing the sustainable economic model, which strives for a circular economy and tackles social inequalities, will help it rebuild post-pandemic. Raworth wrote the bestselling Doughnut Economics, and the idea is on a roll. A doughnut cooked up in Oxford will guide Amsterdam out of the economic mess left by the coronavirus pandemic. Now it seems more important than ever. Doughnut Economics in Amsterdam . Amsterdam City Doughnut. Amsterdam has embraced the Doughnut Economic model by economist, Kate Raworth. Doughnut plan seeks to balance the needs of people and the environment. In the strategy we use the Amsterdam City Doughnut (PDF, 3,4 MB) of the British economist Kate Raworth. While straining to keep citizens safe in the Dutch capital, municipality officials and the British economist Kate Raworth from Oxford University’s Environmental Change Institute have also been plotting how the city will rebuild in a post-Covid-19 world. It is at the core of the City of Amsterdam’s broader ambitions for becoming a circular city, the Amsterdam Circular Strategy 2020-2025. A shortfall of investment in climate action will be a key risk as the world emerges from COVID-19. Amsterdam aims to offer everyone fair social terms within safe ecological limits. Her findings resulted in a bestselling book called Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist. Royal Palace of Amsterdam. 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