INTERNATIONAL POLICY ANALYSIS A Global Green New Deal Response to crisis or paradigm shift towards sustainability ? NINA NETZER Mai 2011 n In order to initiate a long-term environmental reorientation of global economic structures, the original idea of a Global Green New Deal, boosting economic growth through green economic-stimulus packages while at the same time slowing down the pace of ongoing climate change, needs to be replaced by a broader understanding along the lines of a global paradigm shift towards a just, sustainable international development and economic model. n Although many countries have already begun to organise their production and economic systems in a low-emission and resource-saving manner at the national level, the attainment of sustainable structural change at the global level still faces several impediments. These include the lack of agreement among the stakeholders over what a global Green New Deal should look like, insufficient cooperation with res pect to examples of best practice for technology, research and political regulation as well as structural deficiencies at the global level resulting in financial bottlenecks, power asymmetries and conflicts between various global regimes over respective areas of authority. n To make progress along the path towards a Global Green New Deal, a dual thrust making it possible to move forward at both national and international levels is needed. An accommodation of interests between various actors must take place at both levels, forerunner coalitions need to be formed and coherence established between various policy fields. Ultimately, only one strategy can lead to success here – a po litical approach seeking socially just, environmentally sustainable and economically viable development.
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A global Green New Deal : response to crisis or paradigm shift towards sustainability?
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