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Marois, Thomas (2018) Towards a Green Public Bank in the Public Interest. Geneva: UNRISD.

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Abstract

This paper discusses the rediscovery of public banks and their potential—to finance low-carbon, climate-resilient development, and as a public sector alternative that can overcome the shortcomings of the private sector and market approaches mentioned above. The paper suggests an ideal-type public bank that would be needed for a green transformation that is also in the public interest. The ideal type is crafted around five central features: mandated role; financial sustainability; operational strategy; democratization of governance; and integral integration of workplace and community. The defining characteristics of each feature can be found in existing public banks.

Item Type: Monographs and Working Papers (Working Paper)
SOAS Departments & Centres: Departments and Subunits > Department of Development Studies
Date Deposited: 16 Apr 2018 11:45
URI: http://eprints.soas.ac.uk/id/eprint/25569
Related URLs: http://www.unri ... 91?OpenDocument (Publisher URL)

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