The rise in resource use has been coupled with growth in waste and emissions contributing to a series of pressure points including climate change, reduced food security, water scarcity and air pollution. It has also lead to supply insecurity for a number of resources that are strategically important in modem production and consumption systems (Weisz and Schandl, 2008). More recently, the governance and functioning of the global economic systems has been challenged during the global financial crisis that started in 2008.