Division Globalisation and Transformation

The way our economy currently works is destroying the foundations of life on this planet. Climate change is accelerating and biodiversity is under massive pressure. At the same time, the income gap is widening and inequality is growing. A “great transformation” (WBGU) worldwide is needed to bring our global economy in line with planetary boundaries while ensuring a good life for all. The work of our department focuses on projects concerning international infrastructure, investment, economic and fiscal policy as well as the promotion of new economic and development policy ideas.

Thematic focus
Tyuleniy Archipelago, Kazakhstan

Debt Relief for Green and Inclusive Recovery

Debt Relief for Green and Inclusive Recovery

Sovereign debt Relief for climate vulnerable countries (#COP29 #G20) - Heinrich-Böll-Stiftung

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Sovereign debt Relief for climate vulnerable countries (#COP29 #G20)

The Debt Relief for Green and Inclusive Recovery (DRGR) project, a collaboration between the Boston University Global Development Policy Center, Heinrich-Böll-Stiftung and the Centre for Sustainable Finance, SOAS University of London, argues it is time for comprehensive debt reform. Utilizing rigorous research, DRGR seeks to develop systemic approaches to both resolve the debt crisis and advance a just transition to a sustainable, low-carbon economy in partnership with policymakers, thought leaders and civil society from around the world.

For more information, please visit our website www.drgr.org

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Video recordings

Investing for the Future - How Debt Relief Can Help Make Space for Climate and Development Goals - Heinrich-Böll-Stiftung

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Investing for the Future - How Debt Relief Can Help Make Space for Climate and Development Goals

Webinar discussion featuring global experts in international development, debt and climate on the latest DRGR Project report and how to sustainably advance development and climate investments.

Bretton Woods Revisited - A Monetary and Financial Order for the 21st Century - Heinrich-Böll-Stiftung

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Bretton Woods Revisited - A Monetary and Financial Order for the 21st Century

July 2024 marks the 80th anniversary of the Bretton Woods Agreement, a pivotal moment in history that established the global financial and monetary order post-World War II. This online event aimed to foster an international dialogue on how the system can be revitalized and made more inclusive and responsive to current and future needs.

Publications
Cover: Skyline of Nairobi at sunset, with a tall, modern building in the foreground. Text on the subject of debt crisis and green growth.

Giving Voice to The Silent Debt Crisis

Policy Brief
This policy brief details the challenging debt dynamics facing African nations and outlines several solutions that would improve their fiscal capacity to address the climate emergency and embark on a sustainable growth pathway.
Making the Great Turnaround work

Making the Great Turnaround work

Study
The long-term challenges have lost none of their significance – be it climate breakdown, species extinction, the increase in inequality, or demographic change. The challenge is to craft a strategic approach that can set the course for long-term success.

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