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Global governance: the G20 and a Global Green New Deal

  • Barbier, Edward B.

As 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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File URL: http://dx.doi.org/10.5018/economics-ejournal.ja.2010-2
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File URL: http://econstor.eu/bitstream/10419/29633/1/616556624.pdf
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Article 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): ()
Pages: 1-35

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Handle: RePEc:zbw:ifweej:20102
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  2. Zilberman, David & Lipper, Leslie & Mccarthy, Nancy, 2008. "When could payments for environmental services benefit the poor?," Environment and Development Economics, Cambridge University Press, vol. 13(03), pages 255-278, June.
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  7. repec:cup:cbooks:9780521706513 is not listed on IDEAS
  8. Pagiola, Stefano & Arcenas, Agustin & Platais, Gunars, 2005. "Can Payments for Environmental Services Help Reduce Poverty? An Exploration of the Issues and the Evidence to Date from Latin America," World Development, Elsevier, vol. 33(2), pages 237-253, February.
  9. Barbier, Edward B., 2008. "Poverty, Development, and Ecological Services," International Review of Environmental and Resource Economics, now publishers, vol. 2(1), pages 1-27, June.
  10. Joseph E. Aldy & Alan J. Krupnick & Richard G. Newell & Ian W. H. Parry & William A. Pizer, 2010. "Designing Climate Mitigation Policy," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 903-34, December.
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