ChrisMayLA6, 4 months ago

Mariana Mazzucato on six elements of a 'green growth narrative':

1. No necessary trade-off between #growth & action on #climatechange

2. expenditure on a #greentransition is #investment not 'cost'

3. Long-term financing underpins #green policy

4. #publicsector capacity/capabilities are key

5. A new green social compact will cement support for green policy/change

6. Deficit financing to tackle #climatechange is necessary & acceptable

All this requires leadership

https://www.project-syndicate.org/commentary/climate-policies-public-investments-will-increase-incomes-productivity-growth-by-mariana-mazzucato-2024-01