Saturday, June 22, 2024

Financing the economic transition to net zero and creating jobs and stability

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Significant policy and regulatory reforms are necessary to deliver sustainable, inclusive and resilient economies and financial systems. There is a need to create new expertise on the public and private side in order to finance and achieve the transition. Fiscal industrial policy will have to play a key role in bringing about the transition deploying new energy technologies, while monetary and prudential policy will have to address new challenges. There are significant opportunities for stronger and more resilient growth and the creation of new jobs as well as potential trade-offs that will have to be navigated. At the same time, the failure to achieve a fast and smooth transition could come with significant economic stability implications.

This facilitated discussion will commemorate the establishment of the new Centre for Economic Transition Expertise (CETEx) that the London School of Economics and Political Science (LSE) is establishing. As part of the London Climate Action Week (LCAW), this event will facilitate an engaging dialogue about policy and regulatory reforms to facilitate the transition.

Meet our speakers and chair

Larry Kramer is President and Vice Chancellor of the London School of Economics and Political Science. He is a renowned legal scholar and teacher, a former Dean of the Stanford Law School, and a former President of the William & Flora Hewlett Foundation.

Sabine Mauderer is a German lawyer and a member of the Executive Board of the Deutsche Bundesbank.

Nicholas Stern (@lordstern1) is the IG Patel Professor of Economics and Government, Chairman of the Grantham Research Institute on Climate Change and the Environment and Head of the India Observatory at the London School of Economics and Political Science. President of the British Academy, July 2013 – 2017, and was elected Fellow of the Royal Society in 2014. 

More about this event

This event will be available to watch on LSE Live. LSE Live is the new home for our live streams, allowing you to tune in and join the global debate at LSE, wherever you are in the world. If you can’t attend live, a video will be made available shortly afterwards on LSE’s YouTube channel.

The Grantham Research Institute on Climate Change and the Environment (@gri_lse) is a world-leading centre for policy-relevant research and training on climate change and the environment.

Hashtag for this event: #LSEGRI

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