Canada Research Chair in Public Banking, Director Public Banking Project, Professor of Political Economy, McMaster University
?? Want a viable and desirable alternative for financing global green & just transitions? ??How about mobilizing and democratizing already-existing public banks? Check out our proposal for a Global PDB Ecosystem, published by the G20/T20 Brasil Presidency ?? 'The international financial architecture has not mobilized the long-term, low-cost, and stable finance needed to facilitate green and just transitions, to achieve the Sustainable Development Goals (SDGs), or to fulfil the Paris Agreement. This is due to an over-reliance on and the under-performance of private finance and an under-appreciation for and the under-utilization of global public banking capacity to confront the challenge. Policymakers should call on public national development banks (NDBs) and multilateral development banks (MDBs) to begin fostering a global public financial ecosystem grounded in accountable public-public collaboration.' https://lnkd.in/eCGpM-Cd McMaster Faculty of Social Sciences Thomas Marois Transnational Institute UN Trade and Development (UNCTAD) Climate Policy Initiative Climate and Community Institute Eurodad - the European Network on Debt and Development #publicbanks #sustainablefinance #climatefinance #democratization
Full Professor, University of Cantabria. Principal Investigator of GreenPaths.
1 个月Ana Lara Gómez Marcos Fernández Gutiérrez Daniel Díaz-Fuentes