IIPP Forum 2024 - Rethinking the State
The world’s leading forum for exploring state-led transformation.
Rethinking the State: Driving transformative public policy in the era of climate emergency
We need new ideas, institutions, and policies to avoid catastrophic climate breakdown. Yet markets will not find a green direction alone. To deliver a just transition to net zero, states must go beyond market-fixing and derisking and embrace their role as market shapers.
Public investment and mission-oriented industrial strategy can galvanise green innovation by holistically shaping new markets, whilst green financial policy can incentivise private capital to align with climate goals in ways that create clear accountability.
There are opportunities to join us virtually and in-person at the IIPP Forum 2024 to rethink the existing policy paradigms and to explore what these transformative ‘market shaping’ policy approaches look like in practice.
FLAGSHIP EVENING PANEL DISCUSSION
New Economic Thinking for a New Industrial Strategy
Wednesday 12 June, 18:00 - 19:30 BST
The climate emergency highlights the need for new economic thinking. We have not arrived at this point of crisis by accident. It is a direct result of how we have designed our economies. Join UCL IIPP
in-person at the Gustave Tuck Theatre or
online for its evening panel discussion as it launches its new Strategic Economics Alliance (SEA). Spearheaded by Mariana Mazzucato and Carolina Alves, the initiative will challenge mainstream economic theory that restricts the role of the state and will platform the voices of women economists from the Global South who have been underrepresented.
Click here for more information and to register in-person or online
FORUM SESSIONS
As part of the IIPP Forum 2024, UCL IIPP is hosting three plenary sessions exploring new approaches to drive transformative public policy in the era of climate emergency.
The plenary sessions will be complemented with workshops and case explorations of public sector capabilities being developed to deliver net zero goals.
Session 1: Wednesday 12 June, 14:00 - 15:15 BST
Governments globally are (re-)turning to diverse industrial policy instruments to fight multiple crises and tackle long-term societal challenges such as climate emergency. As the industrial strategy is being updated to fit the needs of 21st-century challenges and political realities, this session will investigate whether governments – and researchers – are updating the way to create capable agencies, effective coordination mechanisms and proper evaluation tools for new industrial policy mixes.
Session 2: Thursday 13 June, 09:15 - 10:30 BST
The last century saw the role of design in society grow from an enabler of industrialization and mass production to drivers of digital services, but with the climate crisis upon us, now is the time to widen the design discourse to take on the grand, complex challenges we face today. Join this session to explore if and how design strategies can accelerate the shift in policy practice needed to support transformation on the scale that the climate crisis demands.
Session 3: Thursday 13 June, 14:00 - 15:15 BST
This session will critically examine the dominant policy narrative in which the private sector dictates the pace and direction of the green transition and consider alternative macrofinancial arrangements, including global reforms, that could more effectively steer economies towards sustainable well-being.