In this interview with Fiona Harvey, The Guardian's Environment editor, Prof. Mariana Mazzucato stressed that the world does not lack the quantity of finance, but that we are not directing it in the right way. What we are lacking is quality of finance – finance that is long-term, patient and mission-oriented.
In this op-ed, IIPP Honorary Professor Francesca Bria outlines the reasons why it is crucial for Europe to cultivate its own technology sector and support open, sovereign, and independent solutions that align with European values and needs. The EU should bolster investments in research, innovation, and digital public infrastructures. By upholding ethical standards, applying strategic subsidies, and practising smart procurement, Europe can establish itself as a leader in a technology landscape where innovation serves the public good.
In this op-ed for the Financial Times, Prof. Mariana Mazzucato argues for the need to put our climate targets at the centre of how we design finance. She outlines how public finance - including $22.5T held by public development banks - can be redesigned to transform climate challenges into investment pathways. There is plenty of finance, but the direction is wrong; what counts is not just about QUANTITY but QUALITY of finance.