The Green New Deal

Ann Pettifor: British-based analyst of the global financial system who has helped champion the concept of a Green New Deal.

The World Today Published 26 September 2019 Updated 18 August 2021 4 minute READ

Ann Pettifor

Political economist, author and speaker

What is at the core of the Green New Deal? What is it trying to do?

The Green New Deal as developed in Britain in 2008 is based on the understanding that finance, the economy and the ecosystem are all tightly bound together. Protecting and restoring the ecosystem to a balanced state cannot be tackled effectively, we argued, without the transformation of the other sectors. Joined-up policies are needed. Financing the hugely costly transformation of the economy away from its dependence on fossil fuels cannot be achieved without the subordination of the finance sector to the interests of society and the ecosystem.

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