While the COP28 presidency celebrated an “historic deal” to transition away from fossil fuels, we must remind ourselves that the future wellbeing of human societies in a livable planet depends on more than that. Keeping fossil fuels in the ground is a necessary condition, but not a sufficient one. To achieve
Tag: Rethinking
Rethinking public debt as positive investment in sustainable development
The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the COVID-19 pandemic and the resulting economic contraction have pushed the average government debt level in the Asia-Pacific region to its highest since 2008. Public debt distress is expected to worsen amid the global economic slowdown,