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Unblocking Climate & Biodiversity Finance : Global Public Investment for Global Missions
Authored by Mariana Mazzucato, Jonathan Glennie, Daniel Ortega-Pacheco and Patricia Alemañy
25 October 2024
Unblocking Climate & Biodiversity Finance : Global Public Investment for Global Missions
UCL Institute for Innovation and Public Purpose (IIPP) - a partnership between the UCL Institute for Innovation and Public Purpose (IIPP), the Global Cooperation Institute (GCI), Global Nation (GN) and The Forest Carbon and Climate Program (FCCP).
Authors:
- Mariana Mazzucato | Founding Director and Professor in the Economics of Innovation and Public Value at UCL Institute for Innovation and Public Purpose.
- Jonathan Glennie | Director at Global Cooperation Institute, Cofounder of Global Nation and author of "The Future of Aid: Global Public Investment".
- Daniel Ortega-Pacheco | Director at Forest Carbon and Climate Program, Michigan State University and Associate Professor at the Department of Forestry, Michigan State University.
Patricia Alemañy | Programme Officer at Global Nation.
Abstract:
As global climate and biodiversity challenges intensify, the need for innovative, sustainable, and equitable financing solutions has never been greater. This paper presents two major new approaches with a view to unblocking sustainable finance for climate & biodiversity objectives – namely the Mission-oriented approach being developed by the Institute for Innovation and Public Purpose (IIPP) and the Global Public Investment (GPI) approach being developed by several experts and organizations as part of the GPI Network. Global Public Investment for Global Missions offers a compelling vision for a future where collective efforts and shared resources drive progress on common goals.
Reference:
Mazzucato, M. et al. 2024. Unblocking Climate and Biodiversity Finance: Global Public Investment for Global Missions, Global Nation, IIPP-UCL, FCCP.