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The New Economics Foundation (NEF) is an independent think-and-do tank. The aim of the organization is to improve quality of life by promoting innovative solutions that challenge mainstream thinking on economic, environment and social issues. They work in partnership and put people and the planet first.


NEF was founded in 1986 by the leaders of The Other Economic Summit (TOES) which forced issues such as international debt onto the agenda of the G7 and G8 summits. Since the first TOES conference, ideas promoted by NEF (green taxes, alternative economic indicators, ethical investment) have become mainstream.  They have given birth to a range of new organisations to carry on work in those fields and others, including Jubilee 2000, the Ethical Trading Iniative, AccountAbility, Time Banking UK, the London Rebuilding Society, the Community Development Finance Association and many others.


NEF also launched ideas like time banks, community development finance institutions and local money flow analysis. They have put those initiatives in the hands of people who can use them as levers in their own local economies and neighbourhoods.  


They also package and deliver arguments like the Happy Planet Index, in such a way that people are able to look at economic issues in new ways.  The first Happy Planet Index was released in 2006 and was downloaded and read in over 185 countries worldwide within 2 days of launch. 


According to NEF a new economics is emerging all over the world, but it needs advocates, midwives, activists and entrepreneurs, and it needs people to explain it and develop a policy to make it happen faster.  That is what NEF is dedicated to.


NEF works with all sections of society in the UK and internationally - civil society, government, individuals, businesses and academia - to create more understanding and strategies for change.



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Type of initiative Knowledge/advice organization, Action/campaign organization, Information/network organization
Field of work Agriculture, Manufacturing, Trade, Financial services, Services, other, Politics, Law, Knowledge and information
Date of commencement 1986
Founder(s) A group of new economists, environmentalists, development campaigners and futurists
Legal form Foundation
Continent Europe
Country Great Britain
City London
One or several keywords that describe your initiative New economics, Common Welfare, Sustainability
Publications Research reports, publications (hundreds), press releases, newsletters
More information

Contact person(s)

Carys Afoko


Contact information

Name New Economics Foundation
Address Jonathan Street 3
Zip/postal code SE11 5NH
Place London
Country Great Britain
Phone +44 (0)20 7820 6300



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