Towards a Green Public Bank in the Public Interest

Main author: Marois, Thomas
Format: Monographs and Working Papers           
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id eprints-25569
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description This paper discusses the rediscovery of public banks and their potential—to finance low-carbon, climate-resilient development, and as a public sector alternative that can overcome the shortcomings of the private sector and market approaches mentioned above. The paper suggests an ideal-type public bank that would be needed for a green transformation that is also in the public interest. The ideal type is crafted around five central features: mandated role; financial sustainability; operational strategy; democratization of governance; and integral integration of workplace and community. The defining characteristics of each feature can be found in existing public banks.
format Monographs and Working Papers
author Marois, Thomas
author_facet Marois, Thomas
authorStr Marois, Thomas
author_letter Marois, Thomas
title Towards a Green Public Bank in the Public Interest
publisher UNRISD
publishDate 2018
url https://eprints.soas.ac.uk/25569/