This new episode of EU Watchdog Radio is dedicated to the Global Climate strike on Friday the 19th of March; Two experts talk about how the current proposed climate policies are too much oriented towards market based solutions and influenced by the same industry that created climate change: the fossil fuel companies.
In the year 2021, we have started the last decade we have to take urgent climate action. The scientists of the IPCC told us we have ten years to curb greenhouse gas emissions. Therefore the European Union has declared climate policy the alpha and omega via it’s so called Green Deal. The new US administration has declared more or less the same. And so many other governments around the world also claim to take the climate urgency serious. So far so good?
Flora Sonkin, Policy Research Officer on Financing for Development at Society for International Development (SID), explains why the strong focus on financialisation in climate policies is a very risky path to go. Sonkin argues that neoliberal policies have weakened states’ capacities to handle the first shocks of climate change.
CEO-researcher and campaigner Pascoe Sabido explains why the fossil free politics campaign was launched end of 2019 and why getting fossil fuel out of decision making has become more urgent and needed as ever. As climate change is a big market failure, it is pretty crazy to turn to the same markets for climate solutions.
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Both CEO and Counter Balance raise awareness on the importance of good governance in the European Union, by researching issues like lobbying of large and powerful industries, corporate capture of decision making, corruption, fraud, human rights violations in areas like agro-business, biotech & chemical companies, the financial sector & public investment banks, trade, energy & climate, scientific research and much more...
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