A potential critique of the various alternative metrics and models for economic development is that they are all framed in the context of growth. Over the past decade, ecological economists and political scientists have proposed degrowth  and managing without growth  as a solution for achieving environmental sustainability and socioeconomic progress. Such concepts are a deliberate response to concerns about ecological limits to growth and the compatibility between growth-oriented development and sustainability . Sustainable degrowth is not the same as negative GDP growth, which is typically referred to as a recession . Degrowth goes beyond criticising economic growth; it explores the intersection among environmental sustainability, social justice and well-being . Under current economic and fiscal policies , degrowth has been argued as an unstable development paradigm because declining consumer demand leads to rising unemployment, declining competitiveness and a spiral of recession . More comprehensive modelling of socioeconomic performance understands the segments of sufficient social transformation to guarantee maintenance and rises in well-being coupled with reduced 'footprints' .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report