Debt, wealth and climate globally coordinated climate authorities for financing green

Öncü A., Sabri T. Ö.

Economic and Political Weekly, cilt.55, sa.16, ss.20-23, 2020 (Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 55 Sayı: 16
  • Basım Tarihi: 2020
  • Dergi Adı: Economic and Political Weekly
  • Derginin Tarandığı İndeksler: Scopus, ATLA Religion Database, CAB Abstracts, Veterinary Science Database
  • Sayfa Sayıları: ss.20-23
  • İstanbul Kültür Üniversitesi Adresli: Evet

Özet

Based on the German Currency Reform of 1948 and the “Modern Debt Jubilee” of Steve Keen, a globally coordinated orderly debt deleveraging mechanism is proposed to address the global debt overhang problem is proposed. Since the global debt overhang and lack of sufficient climate finance flows are interconnected, Climate Authorities are added to the mechanism to discuss how this may help to improve the situation is discussed.