His analysis in 2009 on the lack of resilience of interdependent global supply chains proved to be correct in 2020 with the beginning of the corona pandemic.
He was co-funder of CENTOS (Oldenburg Center for Sustainability Economics and Management) and is co-chairman of the Vereinigung für Ökologische Ökonomie (VÖÖ), a German ecological economics association,[3] and a member of ZENARIO (Center for sustainable space developing Oldenburg) and the network KoBE e.V.
Reasons: The Implementation of his approach is based upon five pillars: institutional innovations, material zero sum games,[19] regional economics, subsistence economy and sufficiency, "which conclusively lead to higher individual quality of life and promote the common good."
[29] Niko Paech's ideas and proposals have featured in German national newspapers such as the Süddeutsche,[30] Bild,[31] Zeit,[32] taz,[33][34] Le Monde diplomatique,[21] Tagesspiegel,[35] Badische Zeitung[36] and VDI nachrichten.
[47] His analysis on the lack of resilience of interdependent global supply chains proved to be correct in 2020 with the beginning of the corona pandemic.