Macron's Africa tour started in Gabon, for #OneForestSummit.
Its financing pillar relies on “carrots without sticks” strategy of derisking private investment that will displace more effective alternative: public investment a la @katie_kedward @jryancollins
phenomenalworld.org/analysis/wall-…
Its financing pillar relies on “carrots without sticks” strategy of derisking private investment that will displace more effective alternative: public investment a la @katie_kedward @jryancollins
phenomenalworld.org/analysis/wall-…
@katie_kedward @jryancollins Macron's partnership with derisking evangelists is not new, neither surprising - Derisking as Development is now the status-quo approach to
a) development interventions (WB 'evolutions roadmap)
b) climate crisis
c) green industrial policy 'subsidies race'
a) development interventions (WB 'evolutions roadmap)
b) climate crisis
c) green industrial policy 'subsidies race'
derisking everywhere - in the EU #GreenIndustrialPlan
https://twitter.com/JakobMedick/status/1631734758278418437?s=20
we have now the pillars of a new Green Supercycle in place, with increasing geopolitical competition via re-shoring and, I would argue, a new carrots without sticks relationship state-(green)capital (outside China)
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