NEW ECONOMICS FOUNDATION
economics as if people and the planet mattered
NEF is the UK's leading think tank promoting social, economic and environmental justice. Our purpose is to bring about a Great Transition – to transform the economy so that it works for people and the planet. The UK and most of the world's economies are increasingly unsustainable, unfair and unstable. It is not even making us any happier – many of the richest countries in the world do not have the highest wellbeing. From climate change to the financial crisis it is clear the current economic system is not fit for purpose. We need a Great Transition to a new economics that can deliver for people and the planet. NEF's mission is to kick-start the move to a new economy through big ideas and fresh thinking. NEF is fully independent of any political party. We rely on donations and help from our thousands of supporters to effect social change.
The New Economics Foundation (NEF) was created in June 1986, after two international conferences known as TOES (The Other Economic Summit). A group of new economists, environmentalists, development campaigners decided to challenge the right of the G7 leaders to speak for the economic future of the planet. The first TOES was held when the G7 came to London in July that year. NEF was designed as a permanent secretariat for TOES, but has since developed into one of the largest think-tanks in the UK, and one of the leading organisations in the world developing an economics which puts people and planet first.