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Planetary Crisis? Call an Economist! - Ep48: Nick Stern
Cleaning Up: Leadership in an Age of Climate Change
Bringing Down the Cost of Finance and Increasing a Flow of Capital
I think getting the financial flows done is very important. As we withdraw trade finance from fossil fuels, surely that trade finance could be reallocated to foster much better investments than it was fostering in the past. And of course, lowering barriers to trade, which is still quite important in many cases, will increase the ability to invest as well. So I think the whole spectrum of actions around withdrawing the financing for fossil fuels, reallocating that trade financing somewhere else, bringing down the cost of finance, increasing the flows from the MDBs, opening up trade opportunity. There's so much we can do.
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