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Richard Murphy, PEF Council Member and member of the Green New Deal Group argues that Labour’s commitments to a £250bn “green transformation fund” is fiscally responsible.
On 2 November 2019, the Labour Party published its report on the UK finance industry and climate change, entitled ‘Finance and Climate Change: A Progressive Green Strategy’. Drawn up by a group of independent experts commissioned by the Shadow Chancellor, the review group’s work was supported by PEF.
Richard Murphy, PEF Council Member, member of the Green New Deal Group and Director of the Corporate Accountability Network, writes for the PEF blog on the urgent need for sustainable accounting.
Richard Murphy, one of the Green New Deal’s original co-authors, outlines how he would finance green transformation – and build a fair economy for all at the same time.
Of the nineteen UK governments since the Second World War, only two have torn up the rule book and tried to build a better future, instead of simply recycling the
How might a Green New Deal be imagined in the UK context? And what are the challenges that would face advocates of the GND given the current political and institutional climate?
“The Green New Deal is being championed in the USA as a solution to the joint problems of climate change and economic inequality. But what exactly is it, and what is its wider significance?”
“If we are to survive earth systems breakdown, then we must begin by transforming the Treasury and by removing the politicians that threaten the futures of today’s younger generations.”
Labour’s policy for buses is a key part of reversing the impact of neoliberalism on transport since the 1980s.
We have just over a decade to limit climate catastrophe. The Bank of England should act to ensure climate-related financial risks are reflected in its monetary operations.
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