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A Global Green Deal

At the G-20 Summit addressing the global financial crisis this weekend, the government leaders of the world’s largest economies essentially twiddled their thumbs, punting on setting ambitious goals until April 2009 — when the Barack Obama Administration, which is dedicated to addressing the financial crisis and the climate crisis, is in office. Before the Summit, Worldwatch Institute Senior Researchers Michael Renner and Gary Gardner proposed that the G-20 enact a Global Green Deal, evocative of FDR’s new deal but more audacious in scope and vision. CWR co-hosts Francesca Rheannon and Bill Baue speak with Renner about the proposal’s 5 strategies, including transitioning to a renewable energy economy, launching an efficiency revolution, and investing in green infrastructure.

And speaking of green infrastructure, Deutsche Asset Management issued a report calling for the establishment of a “green” National Infrastructure Bank. Bill Baue speaks with Deutsche Climate Change Investment Research Director Bruce Kahn about the report, a followup on the Investing in Climate Change 2009: Necessity and Opportunity in Turbulent Times report CWR covered recently.

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