The Green New Deal: what's the real deal?
13 July 2021, 5:30 pm–7:00 pm
UCL Institute for Innovation and Public Purpose invites you to join this cutting edge talk debating the innovation and industrial policies, post-pandemic, that are vital for a climate-resilient, long-term and sustainable economy. The talk is part of the ‘Who owns what and why?’ (WOWAW) event series.
The world’s greatest 21st century challenge is the climate crisis, and the Green New Deal has become shorthand for a range of systemic policy ideas and economic initiatives developed to confront this ‘wicked’ problem. COVID-19 has brought to light how destructive environmental degradation has been for both people and planet, and the pandemic has also opened social and economic ruptures.
What does post-pandemic renewal mean for developing innovation and industrial policies for a climate-resilient, long-term and sustainable economy? Why does ownership - of land, assets and organisations - matter for the Green New Deal? How can we ensure businesses and finance rise to the climate crisis challenge?
Chairing the talk is Rana Foroohar (Financial Times), joined by Mariana Mazzucato (IIPP Director) and special guest Mark Carney (UN Special Envoy for Climate Action and Finance).
About the Speakers
Special Envoy for Climate Action and Finance at United Nations
Mark was previously Governor of the Bank of England (from 2013 to 2020), and Governor of the Bank of Canada (from 2008 to 2013). Internationally, Mark was Chair of the Financial Stability Board (from 2011 to 2018), He chaired the Global Economy Meeting and Economic Consultative Committee of the Bank for International Settlements (from 2018-2020) and was First Vice-Chair of the European Systemic Risk Board (from 2013 2020). He is Vice Chair of Brookfield Asset Management and a member of the Global Advisory Board of PIMCO, the Group of Thirty, the Foundation Board of the World Economic Forum, as well as the boards of Bloomberg Philanthropies, the Peterson Institute for International Economics and the Hoffman Institute for Global Business and Society at INSEAD.
Mark was born in Fort Smith, Northwest Territories, Canada in 1965. After growing up in Edmonton, Alberta, he obtained a bachelor degree in Economics from Harvard and masters and doctorate degrees in Economics from Oxford.
After a thirteen-year career with Goldman Sachs, Mark was appointed Deputy Governor of the Bank of Canada in 2003. In 2004, he became Senior Associate Deputy Minister of Finance. He held this position until his appointment as Governor of the Bank of Canada in February 2008.
Follow Mark on Twitter: @MarkJCarney
Global Business Columnist and an Associate Editor at Financial Times
Prior to joining the FT and CNN, Foroohar spent 6 years at TIME, as an assistant managing editor and economic columnist. She previously spent 13 years at Newsweek, as an economic and foreign affairs editor and a foreign correspondent covering Europe and the Middle East. During that time, she was awarded the German Marshall Fund’s Peter Weitz Prize for transatlantic reporting. She has also received awards and fellowships from institutions such as the Society for Advancing Business Editing and Writing (SABEW), the Newswoman’s Club of New York, the Johns Hopkins School of International Affairs and the East West Center. She is a member of the Council on Foreign Relations, and sits on the advisory board of the Open Markets Institute. Foroohar graduated in 1992 from Barnard College, Columbia University. She lives in Brooklyn with her husband, the author John Sedgwick, and her two children. Follow Rana on Twitter: @RanaForoohar
More about Rana Foroohar
Director at UCL Institute for Innovation and Public Innovation (IIPP)