There is enough money in the world both to stop climate breakdown and meet all human needs. But it tends to be in the wrong hands, or is spent on the wrong things.In recent years, however, it’s been shown that huge sums of money can be found by governments overnight, or created, when they think something is important enough. Once hard-set policies can change just as quickly. Both happened after the banking crisis of 2007-2008, with trillions, globally, used to stimulate economies and save the financial system.
Story of change
Banking for good: trust, transition and the return of public banksEcological and economic crises are calling private banks into question, and proving a catalyst to a new wave of public banks. Plans to make rapid transition happen – often in the shape of...
Innovative ways are emerging everywhere to fund fair and rapid low-carbon transition. From bond issues for community-based, small- and medium-scale renewable energy projects, to new financial institutions to support new large-scale, low-carbon infrastructure, people are finding the money to make rapid transition possible. More and faster is needed, and how it should be directed is a crucial question for all, but momentum is growing.
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Commentary
Learning from the pandemic: lessons for unnecessary travel and overconsumptionFor countries that celebrate it, December and January sees perhaps the biggest annual festival of overconsumption as Christmas and New Year roll together in...
Commentary
We’re off track on climate commitments. How can tax reform help?Last week the Climate Change Committee warned that time is running out for realistic commitments to tackle the climate crisis. The Committee highlighted...
Story of change
Building back better: South Korea shows the challenge and opportunity of green stimulus spending for Covid recoveryIs the world poised to learn from the missed chance of 2008 and take the opportunity of rebuilding after a huge economic shock to make a rapid, low carbon...
Meet the Member
Introducing… Market ForcesNew Alliance member Market Forces, believes that the banks, pension funds and governments that have custody of our money should use it to protect, not...
Report
Cambridge Sustainability Commission report on Scaling Behaviour ChangeA major new report by the Cambridge Sustainability Commission on Scaling Behaviour Change calls on policy makers to target the UK’s polluter elite to...
Commentary
The need and opportunity for green recovery & why we need ecological interest ratesIf the Chancellor can get his carbon sums right, he can help save the economy and the climate together – the CEE Bill and an ecological interest rate...
Commentary
Economic prospects for 2021: the FT surveyEach year the Financial Times newspaper investigates the UK’s upcoming economic prospects with a survey of economic analysts. Andrew Simms from Rapid...
Resource
Lessons from Lockdown: Living with less stuffDuring lockdown many people have adapted to create new, different, ways of living that turned out to be less wasteful, more thoughtful and kinder on our...
Resource
Journal article: the business of rapid transitionAs long as there have been attempts to develop policy on climate change at national, regional and international levels, businesses have been involved in...