Financial Times FT.com

Climate Change Series

Out of the malaise

By Achim Steiner and Pavan Sukhdev

Published: December 1 2008 14:32 | Last updated: December 1 2008 14:32

Out of the ashes of the current financial crisis, where should the 21st-century global economy look for real and long-term growth, genuine prosperity and job creation?

What about a “Global Green New Deal”? Faced with the Great Depression, US president Franklin D. Roosevelt rapidly adopted his recovery-focused New Deal. It brought in banking and industrial reforms alongside emergency relief, work relief and agricultural programmes.

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