December 1, 2022
Events
Event: Money and the Climate Crisis
A discussion on COP27 and financing the green transition
In November, Phenomenal World hosted the second event of The Polycrisis, tackling the challenges of financing the green transition. The event begins with the major takeaways from COP27 and discusses plans for global coordination—in particular, the Bridgetown Initiative spearheaded by Prime Minister of Barbados Mia Mottley. In the midst of growing sovereign debt burdens, rising interest rates, and geopolitical strife, what are the avenues out of the current crisis?
The event featured Mona Ali, Rishikesh Ram Bhandary, Anna Gelpern, Avinash Persaud, and Brad Setser, and was moderated by Adam Tooze. A recording of the event can be viewed here, and an edited transcript can be read here.
Further Reading
Money and the Climate Crisis
COP27 and financing the green transition
The conclusion of COP27 reflected persisting uncertainties around coordinated global action towards decarbonization. Major agreements—including the establishment of a loss and damage fund—were reached, but...
The Wall Street Consensus at COP27
The derisking roll-out at COP27
At COP26, US Special Envoy for Climate John Kerry sanguinely declared the need to “de-risk the investment, and create the capacity to have bankable deals....
The Geopolitics of Stuff
The inaugural event of The Polycrisis
“Today, the double whammy of virus and war has brought the world economy of physical goods back with a vengeance. The postmodern myth of lightweight...