About Nesta

Nesta is an innovation foundation. For us, innovation means turning bold ideas into reality and changing lives for the better. We use our expertise, skills and funding in areas where there are big challenges facing society.

This event took place on Tuesday 7 May. You can watch the recording below.

The next generation faces a number of significant challenges, from the effects of climate change to economic uncertainty and concerning health trends. Our political system often favours short-term, reactive thinking - but if we want to create a better future we need to act now.

To pave the way for a better tomorrow, the Welsh Government established the Well-being of Future Generations Act 2015, a pioneering legislation that required public bodies to think about the long-term impact of their decisions and set out a vision to make long-lasting positive change in Wales.

As the Act approaches its 10th year, Future Generations Commissioner Derek Walker joined us to talk about progress and the work that still needs to be done with Nesta's Head of Foresight Research Laurie Smith.

Derek Walker, the second-ever Future Generations Commissioner, assumed office in March 2023, calling for urgent and transformative change. As he approaches his one-year milestone, Walker aims to guide public bodies towards decisions that not only benefit the current generation but also safeguard the needs of those yet to come.

Why you should watch the recording

At this free online event, Derek and Laurie explored the role of innovation in tackling society’s greatest challenges, how to overcome the barriers that prevent progress and how to turn ambitious missions into real action.

This event is for anyone interested in public policy, future thinking and long-term governance.

The opinions expressed in this event recording are those of the speakers. For more information, view our full statement on external contributors.



Derek Walker

Derek Walker is the Future Generations Commissioner for Wales. Previously CEO of Cwmpas, the UK’s largest co-operative development agency, he worked to support people and communities to create jobs and strengthen communities and changed the organisation’s focus to development that meets the needs of current generations without compromising the needs of future generations.