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Icelandic Prime Minister calls for ‘alternative future’ based on wellbeing
By Megan Whitby 05 Feb 2020
According to a government survey, the general public in Iceland views health to be the most significant factor in the quality of life, followed by relationships, housing and making a living.
Katrín Jakobsdóttir, Prime Minister of Iceland, has urged for wellbeing to be given greater priority than GDP and economic growth.

Speaking at London’s Chatham House international affairs think tank, Jakobsdóttir called for “an alternative future, based on wellbeing and inclusive growth”.

She urged governments to take up both green and family-friendly targets, instead of just concentrating on economic growth.

Iceland is a member of the Wellbeing Economy Alliance (WEA), a recently formed global collaboration of organisations, alliances, movements and individuals working to change the economic system so it delivers a wellbeing economy.

The organisation defines a wellbeing economy as one that delivers human and ecological wellbeing.

New Zealand and Scotland are also a part of the WEA, Jakobsdóttir has recently teamed up with Prime Minister of New Zealand Jacinda Arden and Scotland’s First Minister Nicola Sturgeon to promote a “wellbeing agenda”.

Writing for the Evening Standard, Jakobsdóttir confirmed that the Icelandic government is also planning to finance this initiative, saying: “A wellbeing budget is in the works, with a number of priorities already having been identified. These include the improvement of mental health and reduction of carbon emissions.”

At Chatham House, Jakobsdóttir was asked whether the creation of a “wellbeing” budget was achievable for both developed and developing countries, she responded: “You can always have an emphasis on wellbeing, it’s just about how you prioritise it in the public budget”.

Jakobsdóttir heads up The Icelandic Prime Minister’s Committee on Measurements for Wellbeing in Iceland.

“This committee has developed 39 wellbeing indicators that include economic, environmental and social factors, GDP and other economic indicators are among them, but in a new context with social and environmental indicators, to aim for the delicate balance of sustainable development”.

“Developing wellbeing indicators has the potential to transform fiscal policies, putting people and the planet first”, she wrote.

These indicators are linked to the UN Sustainable Development Goals and are used to inform government policy formulation.

“Developing such indicators is a step towards ensuring a common understanding of what factors make our lives better”, said the Icelandic government in a statement.

According to a survey commissioned by the committee, the general public in Iceland views health to be the most significant factor in the quality of life, followed by relationships, housing and making a living.



News
1 to 12 of 7274 news stories
28 Feb 2020
ISPA has announced it will present Ella Kent with the 2020 ISPA Dedicated Contributor Award at the 2020 ISPA Conference and Expo. The award is given to an active ISPA member who’s significantly contributed to ... More
28 Feb 2020
Nicholas Naples, CEO of luxury development project AMAALA, in Saudi Arabia, has announced the appointment of Neil Jacobs, Ingo Schweder and Susan Harmsworth to the project’s advisory board. The board will guide the creation of ... More
27 Feb 2020
Spa and wellness developer, Therme Group, has announced a strategic partnership with thermal leisure operator Wund Holding to accelerate business growth. Therme Group creates water-based wellbeing resorts, while Wund Holdings specialises in operating thermal leisure ... More
27 Feb 2020
Hotel group General Hotel Management (GHM) has revealed details of The Chedi Kudavillingili, its first resort in the Maldives, later this year. The development is part of GHM’s global expansion plan which kicked off in ... More
27 Feb 2020
Founder of the Day Spa Association (DSA) and Spa Industry Association (SIA) Hannelore Leavy has died aged 77 years. Originally from Austria, Leavy began her career in the 1970s as the US marketing director for ... More
26 Feb 2020
Beauty and spa therapy educational organisation CIDESCO International has entered into an agreement with skincare brand BABOR to launch a Student Scholarship programme. CIDESCO accredited schools are invited to apply for the scholarship programme for ... More
26 Feb 2020
Six Senses will open its first location in India in the World Crest Tower by Lodha, Mumbai. The 1,522sq m Six Senses Spa Mumbai focuses on functional fitness, recovery and wellness journeys and include seven ... More
26 Feb 2020
A global touch study has been launched to “explore our attitudes towards the physical experience of touch” and investigate whether contemporary society experiences ‘touch hunger’. The Touch Test is an online questionnaire developed by researchers ... More
21 Feb 2020
GOCO Hospitality has conceptualised and designed a spa for Dubai’s recently opened luxury hotel, Address Sky View. Emaar Hospitality Group owns the property and has opened a collection of hotels in Dubai under the name ... More
21 Feb 2020
Spa and wellness businesses offering CBD services may be affected by proposed legislation from the Food Standards Agency (FSA), with other food agencies worldwide thought to be considering regulating CBD-related products. CBD is now regularly ... More
19 Feb 2020
Spa operator, Champneys, has come to an out of court agreement with West Sussex County Council in the UK, in relation to charges brought against it relating to food safety, the publication of nutritional information ... More
19 Feb 2020
The original Corinthia Hotel in Malta – the Corinthia Palace Hotel – has revealed further details of its new Athenaeum Spa which is scheduled to open March 2020, following a €9m (US$10m, £7.5m) year-long site-wide ... More
     
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Jobs   News   Products   Magazine
NEWS
Icelandic Prime Minister calls for ‘alternative future’ based on wellbeing
POSTED 05 Feb 2020 . BY Megan Whitby
According to a government survey, the general public in Iceland views health to be the most significant factor in the quality of life, followed by relationships, housing and making a living. Credit: Shutterstock
Katrín Jakobsdóttir, Prime Minister of Iceland, has urged for wellbeing to be given greater priority than GDP and economic growth.

Speaking at London’s Chatham House international affairs think tank, Jakobsdóttir called for “an alternative future, based on wellbeing and inclusive growth”.

She urged governments to take up both green and family-friendly targets, instead of just concentrating on economic growth.

Iceland is a member of the Wellbeing Economy Alliance (WEA), a recently formed global collaboration of organisations, alliances, movements and individuals working to change the economic system so it delivers a wellbeing economy.

The organisation defines a wellbeing economy as one that delivers human and ecological wellbeing.

New Zealand and Scotland are also a part of the WEA, Jakobsdóttir has recently teamed up with Prime Minister of New Zealand Jacinda Arden and Scotland’s First Minister Nicola Sturgeon to promote a “wellbeing agenda”.

Writing for the Evening Standard, Jakobsdóttir confirmed that the Icelandic government is also planning to finance this initiative, saying: “A wellbeing budget is in the works, with a number of priorities already having been identified. These include the improvement of mental health and reduction of carbon emissions.”

At Chatham House, Jakobsdóttir was asked whether the creation of a “wellbeing” budget was achievable for both developed and developing countries, she responded: “You can always have an emphasis on wellbeing, it’s just about how you prioritise it in the public budget”.

Jakobsdóttir heads up The Icelandic Prime Minister’s Committee on Measurements for Wellbeing in Iceland.

“This committee has developed 39 wellbeing indicators that include economic, environmental and social factors, GDP and other economic indicators are among them, but in a new context with social and environmental indicators, to aim for the delicate balance of sustainable development”.

“Developing wellbeing indicators has the potential to transform fiscal policies, putting people and the planet first”, she wrote.

These indicators are linked to the UN Sustainable Development Goals and are used to inform government policy formulation.

“Developing such indicators is a step towards ensuring a common understanding of what factors make our lives better”, said the Icelandic government in a statement.

According to a survey commissioned by the committee, the general public in Iceland views health to be the most significant factor in the quality of life, followed by relationships, housing and making a living.

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