Arbeitspapier

Global governance: the G20 and a Global Green New Deal

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.

Language
Englisch

Bibliographic citation
Series: Economics Discussion Papers ; No. 2009-38

Classification
International Institutional Arrangements
International Relations and International Political Economy: Other
International Fiscal Issues; International Public Goods
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
International Linkages to Development; Role of International Organizations
Sustainable Development
Financial Institutions and Services: General
Subject
Economic Recession
global governance
Global Green New Deal
green stimulus
low-carbon economy
world economy

Event
Geistige Schöpfung
(who)
Barbier, Edward B.
Event
Veröffentlichung
(who)
Kiel Institute for the World Economy (IfW)
(where)
Kiel
(when)
2009

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Barbier, Edward B.
  • Kiel Institute for the World Economy (IfW)

Time of origin

  • 2009

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