Global governance: the G20 and a Global Green New Deal
AbstractAs the world recovers from the worst economic crisis since the Great Depression, the international community should promote a mix of policies to sustain this global recovery and create jobs through reducing carbon dependency, ecological degradation and poverty. Such a Global Green New Deal (GGND) requires a long-term commitment to implementing and coordinating 'green investments' by the Group of 20 (G20), who should also adopt complementary pricing policies and foster international aid and other actions in support of the GGND. Developing economies should provide clean water and sanitation for the poor, create safety nets, invest in heath and education, and target energy and water poverty. Such a global strategy can revive economies, create jobs and improve the sustainability of world development --
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Bibliographic InfoArticle provided by Kiel Institute for the World Economy in its journal Economics: The Open-Access, Open-Assessment E-Journal.
Volume (Year): 4 (2010)
Issue (Month): 2 ()
Economic Recession; G20; global governance; Global Green New Deal; green stimulus; low-carbon economy; world economy;
Other versions of this item:
- Barbier, Edward B., 2009. "Global governance: the G20 and a Global Green New Deal," Economics Discussion Papers 2009-38, Kiel Institute for the World Economy.
- F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
- F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
- H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
- Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
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