The Green New Deal
The global economy faces multiple, linked crises. It is a combination of accelerating climate breakdown driven by fossil fuel use, corrosive inequality, and debt-fuelled over-consumption by a global minority pushing us beyond planetary ecological boundaries. These overlapping factors threaten to develop into a perfect storm making social collapse highly likely. To help prevent this from happening, and to lay the foundations of the economic systems of the future, we need a Green New Deal.
There is still time. Act now and a positive course of action based on the framework set out in the Green New Deal can pull the world back from economic and environmental meltdown.
Eleven years ago, a group of economists and green thinkers sketched a radical plan to transform the economy and protect the environment. Today, their ideas have been embraced by Labour and US Democrats. Journalist Hettie O’Brien, interviewed Green New Deal Group member Ann Pettifor on the history and trajectory of the Green New Deal for The New Statesman.
It’s been more than 10 years in the making, and is the top demand of the youth strikers gathering on Friday for the UK’s largest ever climate protest – which is why Friday is also the first attempt in Britain to put legislation in place to make a Green New Deal a reality for our country. Working with the Labour MP Clive Lewis, I am launching the full version of a Green New Deal bill (formal title, the decarbonisation and economic strategy bill), which sets out a transformative programme driven by the principles of justice and equity.
Published to coincide with the launch of the Green New Deal Bill, set down by MPs Caroline Lucas and Clive Lewis, this new report by the Green New Deal Group sets out what a Green New Deal will look like. The report, The Green New Deal: A bill to make it happen, explains what is in the Bill, formally known as the Decarbonisation and Economic Strategy Bill, and how it could transform all our lives for the better.
About the group
Meeting since early 2007, the membership of the Green New Deal Group is drawn to reflect a wide range of expertise relating to economics and politics, and the climate, nature and inequality crises. The views and recommendations of the Green New Deal Group set out in a series of reports starting in 2008, are those of the group writing in their individual capacities.
The Green New Deal Group is, in alphabetical order:
Larry Elliott, Economics Editor of the Guardian, Colin Hines, Co-Director of Finance for the Future, former head of Greenpeace International’s Economics Unit, Jeremy Leggett, founder of Solarcentury and SolarAid, Caroline Lucas, Green Party MP, Richard Murphy, Professor of Practice, City University, Director Tax Research LLP, Ann Pettifor, Director, Policy Research in Macroeconomics (PRIME), Charles Secrett, Advisor on Sustainable Development, former Director of Friends of the Earth, Andrew Simms, Co-Director, New Weather Institute; Coordinator, The Rapid Transition Alliance, Assistant Director, Scientists for Global Responsibility. Geoff Tily Senior Economist, TUC.
The Group’s fifth anniversary report, A National Plan for the UK: From Austerity to the Green New Deal is published on behalf of the Green New Deal Group by the New Weather Institute
The Green New Deal Group’s first report, A Green New Deal, was published on behalf of the Green New Deal Group by NEF (The New Economics Foundation)