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Global financial crisis
Financial crisis
The world’s poor face growing hunger, unemployment and sickness as a result of the global financial crisis. Once again a crisis cooked up in the boardrooms of the rich will have its most devastating impact in the homes of the poor. Even before the banking collapse, the world suffered poverty, inequality and the threat of climate chaos. The world has followed a financial model that has created an economy fuelled by ever-increasing debt, both financial and environmental. Our future depends on creating an economy based on fair distribution of wealth, decent jobs for all and a low carbon future. There can be no going back to business as usual. Read more
Green New Deal
In response to the overlapping economic, climate change and energy crises, the World Development Movement is calling for a Green New Deal for the world’s poor. A Green New Deal means investment in low-carbon projects, renewable energy and green jobs. It also aims to bring about greater economic equality by restructuring the financial system to support a green transition. Read more
Greening the banks: RBS
The UK Government is ultimately accountable for ensuring that the public funds invested in financial institutions do not undermine human rights and climate justice. We must tell our government that the billions of pounds of public money going into RBS and other banks must be spent in the public interest. That means shifting away from investing in dirty development that threatens all of our futures and supporting a Green New Deal and the transition to a more equitable and low economy. Read more
Take action now:
Tell the Chancellor to make the bailed out banks clean up their act
Visit our appeal page on Justgiving:
www.justgiving.com/greeningthebanks
Financial crisis in depth
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Responding to the crisis: five ideas for a new world order |
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Out of time |
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Britain’s response to the financial crisis |
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