Yesterday, spoke at WorldBank Knowledge Café w Arturo Franco & Alexia Latortue on what mission delivery requires. World Bank’s Mission ambition is welcome but now it needs to be matched by an operational architecture.
Working paper w @laramerling.bsky.social sets out what needs to change.
🆕 A Mission-Aligned World Bank
IIPP Director @mazzucatom.bsky.social and @laramerling.bsky.social's new working paper considers how the World Bank’s operational architecture & institutional design need to evolve to deliver mission-oriented development.
🔗 Read more here: buff.ly/fYhyHev
In DC next week for Spring Meetings to share a new working paper co-authored with @laramerling.bsky.social on what a mission-aligned World Bank would actually require. The paper assesses 30 National Energy Compacts under Mission 300 and develops a framework for mission-oriented water compacts.
At #COP30, the failed economic orthodoxies embedded in the financial architecture got little attention.
Embracing the role of the state and industrial policy are 🗝️ to scaling up climate action, as explained in this @the-breakdown.bsky.social piece:
www.break-down.org/real-constra...
Green Industrial Policy Needs a New Financial Architecture (screenshot from title page of report. White letters over purple fading into blue background.)
Transformative visions for green industrial policy in the Global South are, unfortunately, impossible without a redesign of today's international financial architecture (IFA). In a new @cplusc.bsky.social report with @laramerling.bsky.social, we explain... 1/4
climateandcommunity.org/research/gre...
We don't just need conferences, more 'blah blah blah'—we need connected, joined-up action written into the operating system of our multilateral order. My latest, reflecting on #FfD4, on building a multilateralism that's greater than the sum of its parts, from Seville to Belém to Johannesburg. Link ⬇️
Excellent piece in @the-breakdown.bsky.social by @laramerling.bsky.social on reframing the issue of the climate finance gap. Lots I agree with but I still wonder how we can move beyond the status quo in time to avoid climate breakdown
www.break-down.org/post/real-co...
Framing climate policy as a finance issue obscures the real stakes. We need to refocus debates on mobilizing real resources, challenging economic orthodoxies, and building a more just financial system.
My latest for @the-breakdown.bsky.social
www.break-down.org/post/real-co...
Framing climate policy as a finance issue obscures the real stakes. We need to refocus debates on mobilizing real resources, challenging economic orthodoxies, and building a more just financial system.
My latest for @the-breakdown.bsky.social
www.break-down.org/post/real-co...
"Economics treats a lack of public finance as a natural constraint, obscuring how money is actually created. In reality, the only true constraints lie in the availability of real resources... to meet our needs."
- @laramerling.bsky.social, now free to read online
www.break-down.org/post/real-co...
Must read.
The Global North talk constantly about the "Finance Gap", but finance for climate is limited by orthodoxy, not reality.
@laramerling.bsky.social writes for RIGHT TURN (ISSUE #1)
“it’s baffling to argue China’s success in building out critical infrastructure is simply a result of a combination of power abuses and the absence of regulations and “debating with judges.””
It is indeed. Great review.
A book with just the right ambition to provide a vision for a different future that yet misses the moment.
My review of Abundance for Foreign Policy.
Had a great time launching Issue I of @the-breakdown.bsky.social last night with the exceptional @geoffmann.bsky.social and Quinn Slobodian.
Thanks to everyone who turned out, asked great questions and supported new climate writing.
Issue I here: www.break-down.org/issues/1
Health is not just human capital or a byproduct of economic growth—it's a fundamental human right. Today I share insights from our WHO Council on Health For All at G20 Health Working Group on why health spending is an investment in economic resilience.
Final report ➡️ www.who.int/publications...
It would definitely solve all the issues about governance reform where the US has veto over giving up veto and has pushed very hard not to have to cede any influence and to block any attempts to actually reform the IMF
Issue 1 is HERE! 📖
Our first print issue launches on May 7 - join us for a LIVE podcast & party 🎉
Join @adriennebuller.bsky.social, @geoffmann.bsky.social & @quinnslobodian.com to discuss RIGHT TURN — on the afterlives of neoliberalism & climate politics in the age of the new right...
📢 In DC for the Spring Meetings?
Join us for an event on real economy approaches to financing sustainable development and climate action.
🗓️ April 24 | 🕐 1–4 PM | 📍 ActionAid USA
🍽️ Light lunch provided
🧭 Organized by the G-24 and IDEAs
🔗 Registration info in comments
#SDGs #ClimateFinance
Very excited to share that we've put together our first print issue of @the-breakdown.bsky.social feat. some incredible contributors 🥲
Join us 7 May in London where I'll be in conversation w/the excellent @quinnslobodian.com and @geoffmann.bsky.social
Tix @ the link
📢 In DC for the Spring Meetings?
Join us for an event on real economy approaches to financing sustainable development and climate action.
🗓️ April 24 | 🕐 1–4 PM | 📍 ActionAid USA
🍽️ Light lunch provided
🧭 Organized by the G-24 and IDEAs
🔗 Registration info in comments
#SDGs #ClimateFinance
Interest spending ⬆️ because central banks ⬆️ rates. OECD countries mostly get to create their own conditions. Higher rates resulting in more government $ going toward interest simply illustrates another consequence of a blunt & ineffective approach to monetary policy
www.ft.com/content/d69a...
Interest spending ⬆️ because central banks ⬆️ rates. OECD countries mostly get to create their own conditions. Higher rates resulting in more government $ going toward interest simply illustrates another consequence of a blunt & ineffective approach to monetary policy
www.ft.com/content/d69a...
There was always an alternative to austerity and austerity was always a choice
"Climate change cannot be addressed as a siloed policy area. Questions of mining & energy, finance & development, migration & tech, cannot be separated out from the vast changes occurring in the world’s climate. No crisis is an island"
@polycrisis.bsky.social
www.phenomenalworld.org/analysis/pol...
What does Trump 2.0 mean for 2025?
Will tariffs escalate even further? Will sanctions impact $ dominance? Can the South successfully challenge a multilateral system long dominated by the North?
@katemac.bsky.social and I break down these questions:
www.phenomenalworld.org/analysis/ame...
Tweet by Keith Wasserman: “Does anyone have access to private firefighters to protect our home in Pacific Palisades? Need to act fast here. All neighbors houses burning. Will pay any amount. Thank you.”
I keep thinking about this (of course). The post poses a question - not the one asked explicitly, but: at what point might climate change make those with power care enough to do something about it?
What does Trump 2.0 mean for 2025?
Will tariffs escalate even further? Will sanctions impact $ dominance? Can the South successfully challenge a multilateral system long dominated by the North?
@katemac.bsky.social and I break down these questions:
www.phenomenalworld.org/analysis/ame...
