Making the great turnaround work: Economic policy for a green and just transition Dossier This publication series aims at contributing to the emergence of a transformative economic thinking, integrating environmental, social, and economic dimensions, after the wreckage of neoliberal economic thought that clearly has reached its date of expiry. It is the product of a collaboration of the Heinrich-Böll-Stiftung, the ZOE Institute for Future-Fit Economies, and Finanzwende Recherche.
Glimmerland: human rights in the mica supply chain Article A satellite image-based investigation by Vertical52 reveals the extent of child labor in illegal mines in India that produce mica, a critical mineral for the tech industry. The research illustrates the need for stricter rules for companies like the ones the EU proposes in its draft directive on corporate sustainability due diligence. The investigation also shows that comprehensive solutions have to go beyond import bans and corporate liability. By Sabine Muscat and Lisa Tostado
Making mobility accessible to all European Mobility Atlas 2021 Every passenger aims to get from point A to B as quickly, easily and affordably as possible. For persons with reduced mobility, one cannot talk of fair and equal access. European mobility can only be sustainable if public transport is accessible for everybody. Otherwise, users will always revert to the solution of motorised private transport. Consequently, the freedom of mobility is strongly related to the question of accessibility to the different means of transport for everybody. By Stephanie Aeffner and Philipp Cerny
Sanctioning Russian fossil may be costly, but it is feasible Commentary In the midst of a cruel war and an unfolding climate crisis, Europe has to answer a crucial question: how do we cut our energy ties with Russia, while at the same time accelerating our transition towards energy efficiency and a renewable energy system? Commentary by Green MEP Bas Eickhout. By Bas Eickhout
How to break Czechia's dependence on Russian gas Analysis What longer-term, environmentally sustainable measures can the Czech Republic introduce to break its dependence on Russian gas while ensuring that no one is left behind? By Jiří Koželouh and Karel Polanecký
The case for a Social Guarantee: Universal access to life’s essentials Paper The Social Guarantee refocuses progressive politics on human relations, on how we care for each other, and on the importance of investing in the social infrastructure on which the rest of the economy depends. It draws on current thinking about the foundational economy, the care economy, and sustainable economic prosperity It offers a coherent, ethical, and well-evidenced basis from which to address such issues as investment, regulation, and carbon mitigation. By Anna Coote
Why Fostering Socio-economic Convergence in the EU Is Necessary for Successful Climate Change Mitigation Paper This paper has argued that an active industrial policy that is context appropriate, coherent, and adaptable can be utilised to address this challenge. Nevertheless, one must acknowledge that the necessary green transition on the EU level comes with transition costs, challenges, and opportunities that affect distinct people, firms, and countries very differently, and hence bears the threat of rising inequalities, both within and among countries. Central to the success of a green transition is, therefore, the EU’s adequate reaction to this fact. This reaction can then enable and facilitate a green transformation that really leaves no one behind. By Claudius Gräbner-Radkowitsch and Jakob Hafele
The Macroeconomics of a Green Transformation: The Role of Green Investment Paper A green transformation of the economy will require a major commitment to green investment to reduce and respond to environmental degradation. The main objective of this paper is to explore the macroeconomic implications of green investment in the transformation to a green economy. By Peter A. Victor
Just Who Gets Paid-Off in a “Just” Transition? Some difficult lessons from BlackRock and French populists Paper This paper links two things that are often dealt with separately when discussing what we mean by the word “just” in the notion of a “just transition”. On the one hand, activists and reformers see this as an opportunity to empower marginalised populations and redistribute wealth-generating assets using the state in the form of green industrial policy. On the other hand lies private finance, especially in the form of asset managers, who own huge swathes of global companies. These competing notions of “just” are used as a way to discuss how to have a transition that leverages the investments of the private sector without once again simply giving capital everything it wants at the expense of everyone else. By Daniel Driscoll and Mark Blyth
Industrial Policy Reloaded: Shaping industrial ecosystems towards sustainable prosperity Paper This paper questions the extent to which standard market-fixing and macroeconomic expansionary measures will be able to direct and shape new industrial ecosystems in economies across the Atlantic. Moreover, it advances a strategic industrial policy approach for deep industrial restructuring, followed by a discussion on specific industrial policy instruments and how conditionalities and policy alignments are central to balancing risks and rewards in the process of green transition. By Antonio Andreoni