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Global governance: the G20 and a Global Green New Deal

  • Barbier, Edward B.

In response to the world economic crisis, the international community should promote a mix of policies to sustain global recovery and create jobs through reducing carbon dependency, ecological degradation and poverty. Such a Global Green New Deal (GGND) requires implementation and coordination of 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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Paper provided by Kiel Institute for the World Economy in its series Economics Discussion Papers with number 2009-38.

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Date of creation: 2009
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Handle: RePEc:zbw:ifwedp:200938
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  1. Elbers, Chris & Fujii, Tomoki & Lanjouw, Peter & Ozler, Berk & Yin, Wesley, 2007. "Poverty alleviation through geographic targeting: How much does disaggregation help?," Journal of Development Economics, Elsevier, vol. 83(1), pages 198-213, May.
  2. Cameron Hepburn & Nicholas Stern, 2008. "A new global deal on climate change," Oxford Review of Economic Policy, Oxford University Press, vol. 24(2), pages 259-279, Summer.
  3. Joseph E. Aldy & Alan J. Krupnick & Richard G. Newell & Ian W.H. Parry & William A. Pizer, 2009. "Designing Climate Mitigation Policy," NBER Working Papers 15022, National Bureau of Economic Research, Inc.
  4. Richard S.J. Tol, 2007. "The Social Cost Of Carbon: Trends, Outliers And Catastrophes," Working Papers FNU-144, Research unit Sustainability and Global Change, Hamburg University, revised Aug 2007.
  5. Valentina Bosetti & Carlo Carraro & Alessandra Sgobbi & Massimo Tavoni, 2008. "Delayed Action and Uncertain Targets. How Much Will Climate Policy Cost?," CESifo Working Paper Series 2403, CESifo Group Munich.
  6. Valentina Bosetti & David Tomberlin, 2004. "Fondazione Eni Enrico Mattei," Working Papers 2004.102, Fondazione Eni Enrico Mattei.
  7. 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.
  8. 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.
  9. repec:cup:cbooks:9780521132022 is not listed on IDEAS
  10. repec:cup:cbooks:9780521706513 is not listed on IDEAS
  11. David Coady, 2004. "Targeting Outcomes Redux," World Bank Research Observer, World Bank Group, vol. 19(1), pages 61-85.
  12. World Bank, 2009. "Global Economic Prospects 2009 : Commodities at the Crossroads," World Bank Publications, The World Bank, number 2581.
  13. Coady, David P. & Grosh, Margaret & Hoddinott, John, 2002. "Targeting outcomes redux," FCND briefs 144, International Food Policy Research Institute (IFPRI).
  14. 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.
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