Climate Change

Created
Wed, 26/07/2023 - 08:00

The 2023 Paul Bourke Lecture presented by Dr Sophie Webber, School of Geosciences, University of Sydney

‘Climate finance: Taking a position on climate futures’

Climate change is increasingly conceptualised in financial terms. In policy and politics, climate change is viewed as a problem of bridging ‘financing’ gaps between the anticipated costs of climate change and available public and private finance, between developed and developing countries, and between mitigation and adaptation activities. These categorisations tend to frame climate finance as a neutral and technical tool for meeting shared goals for responding to climate change.

In this presentation, hear an alternative geographical perspective that is focused on how the ideas, instruments and institutions of climate finance are reshaping the relationships between our economies and climate change. Illustrated with examples of adaptation finance from the Asia-Pacific region, I outline different configurations of climate finance and demonstrate their potentials for more democratic and just climate futures.

Plus Q&A, followed by a cocktail reception.

Created
Mon, 24/07/2023 - 05:13
I was looking at this picture of people (mostly tourists, it appears) fleeing massive fires in Rhodes, feeling despair about the future of the world when I was struck by an even more despairing thought. Almost certainly, a lot of the people in the picture are climate denialists. And even more certainly, they will mostly […]
Created
Thu, 20/07/2023 - 06:00

Change is afoot at the Reserve Bank of Australia. This week the Treasurer announced Michele Bullock will take over from Philip Lowe as Governor of the RBA. Lowe had faced mounting political heat after he abandoned forward guidance given as late as November 2021 that interest rates would not rise until 2024 and joined central banks around the world in rapidly hiking interest rates.  

One of Bullock’s first tasks will be to oversee the implementation of the recommendations of the Review into the RBA released in March 2023. Most attention about the Review has focused on its proposed structural changes to the RBA, which would create separate boards for monetary policy decisions and institutional governance. This change will bring the RBA in line with many of its international peers. Last week, outgoing Governor Philip Lowe announced initial steps towards implementing this recommendation.

Created
Mon, 17/07/2023 - 18:16
The question is when is a Labour Party a Labour Party? The answer is: When it is a Labour Party! Which means when it defends workers’ interests against capital and when it defends families against pernicious neoliberal cuts or constraints on welfare. Which means, in turn, that the British Labour Party is a Labour Party…
Created
Tue, 04/07/2023 - 06:59

MMT strips way the veil of neo-liberal ideology that mainstream macroeconomists use to restrict government spending. We learn that these constraints are purely voluntary and have no intrinsic status. This …

The post While opposing political parties play the fiscal credibility game, people get hurt. appeared first on The Gower Initiative for Modern Money Studies.