Financial Innovation and The State - Lessons for 21st Century Climate Finance from the 19th Century Railways Era: Extended Summary

Membre depuis

1 year 5 months
By Dipak Dasgupta (Board Member of Global Climate Fun, India) - This paper seeks to bring a historical perspective to current global financial architecture issues on the speed and scale of climate finance needed to achieve a safer two degrees world. We look back in history to a similar episode for lessons: the financing and building of railroads in the 19th century.

The EU’s Refugee Crisis

Membre depuis

1 year 5 months
The EU is confronted with an unprecedented influx of refugees. France Stratégie policy analyst Cécile Jolly explains the context of the crisis, the problems it poses for different Member States and how policy can be coordinated to foster integration.

Thinking ‘Eco-Systemically’ to Shift the Trillions

Membre depuis

1 year 7 months
A factor that clearly differentiates COP21 and COP15 in Copenhagen is the increasing mobilization of the financial sector. In the past months, financial actors have taken commitments and spoken out on climate-related topics. While only time will tell, it suggests that a tectonic shift is occurring. A number of financial actors are moving from a position of ‘neutrality’ to a recognition that climate-related issues will affect the financial sector – who in turn can influence the extent of climate change itself.

The costs of Grexit

Membre depuis

1 year 5 months
On February 24, following days of tense discussions, the new government in Athens reached an agreement with its eurozone creditors that includes a package of immediate reforms and a four-month extension of the financial assistance program. But, despite Europe’s collective sigh of relief, the compromise does not preclude the need for further tough negotiations on a new financial-assistance program that should be introduced by the end of June.

Reengineering Government

Membre depuis

1 year 5 months
Since the financial crisis erupted in 2008, governments in advanced countries have been under significant pressure. In many countries, tax receipts abruptly collapsed when the economy contracted, income dwindled, and real-estate transactions came to a halt. The fall in tax revenues was in most cases sudden, deep, and lasting. Governments had no choice but to raise taxes or to adjust to leaner times.

Why Finance Can Save the Planet

Membre depuis

1 year 5 months
By Jean Pisani-Ferry - Most people hate finance, viewing it as the epitome of irresponsibility and greed. But, even after causing a once-in-a-century recession and unemployment for millions, finance looks indispensable for preventing an even worse catastrophe: climate change.

Advancing new tools for the EU budget to foster crisis management and economic convergence

Membre depuis

1 year 7 months
On February 5 2019, France Stratégie and the OECD have organised a workshop to take stock of what we have learned collectively over the past years on crisis management and economic convergence in the euro area, and to explore how the EU could help progress in that direction, notably by using new budgetary tools.