October 17, 2019

10:00-11:30 AM

Co-Sponsors:
Center for Economic and Policy Research, ITUC, Boston University’s Global Development Policy Center, Bretton Woods Project, and the Sierra Club

Congressional Co-hosts
Rep. Ilhan Omar, Rep. Adriano Espaillat

Location:
401 Cannon
27 Independence Ave SE
Washington, DC, 20003

Introductory remarks by:
Rep. Ilhan Omar

Panelists: 

  • Richard Kozul-Wright, Director, Division on Globalization and Development Strategies, United Nations Conference on Trade and Development 

  • Miriam Brett, International Development Finance Project Manager, Bretton Woods Project

  • Ben Beachy, Director of the Living Economy Program, Sierra Club.  

Moderator:

  • Sarah Anderson, Director of the Global Economy Project, Institute for Policy Studies

The Green New Deal offers a bold and transformative vision for rethinking sustainable development in the US. It has also spurred discussions about how these policies can be scaled up to a global context. Fundamental to crafting a ‘Global Green New Deal’ is reassessing the role of international financial institutions, whose undemocratic market fundamentalism presents a major barrier to sustainable development. With the US’s influential voice at these institutions, it has the potential to play a key role in their transformation. 

This briefing will draw on the following proposals:

Building upon these reports, this panel of experts analyzed what a Green New Deal means for US engagement in international financial institutions. Additionally, the discussion explored the ways a reformed multilateralism can support sustainable development, economic justice, and a green global economy, while overcoming the historical roadblocks erected by banks, corporations, and their allies in government.