A Green New Deal for the North West
27 November 2019
The Green New Deal is a plan to rapidly transform our broken economic system into one which can simultaneously:
- Avert the climate and nature crises;
- Redistribute wealth and reverse inequality;
- Povide hundreds of thousands of future-fit jobs;
- Put workers and communities first;
- Raise the standard of living for all.
This can all be achieved through a radical overhaul of our financial institutions, a broad package of new policies and, most importantly, a huge mobilisation of investment – up to 5% of GDP annually for the next ten years. That’s around £100 billion in the UK, or £750 billion in the EU. There are six core principles a Green New Deal must live uup to:
- Recognising the emergency. Facing up to the enormous scale of the climate and nature emergency with unprecedented, rapid and radical action, starting now.
- Making a fair contribution. Supporting global climate justice and taking action in our own communities, rather than simply offsetting our emissions to the developing world.
- A just transition. Putting workers and those in need first, ensuring inclusion and diversity, creating good quality jobs for all and redistributing wealth to where it’s needed mos
- Public money for public goods. Ensuring that public investment in new infrastructure returns benefits that can be shared by all, from cleaner air and water to improved health and wellbeing.
- Localising democracy. Devolving more powers to local areas, enabling participatory decision-making and encouraging new forms of public ownership.
- Rethinking success. Abandoning our attachment to endless economic growth by measuring what’s more important, like security, equality and wellbeing .
Download the full Green New Deal document from here.
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