CliMacro: Alternative Macro-Financial Frameworks for Climate-Just and Post-Growth Futures

What are the regulatory frameworks for goods, labor, and financial markets that can create an economy that operates within planetary limits and principles of social equity?

Project Summary

In recent years, there has been a growing recognition of the need to address socio-economic inequalities, environmental degradation, and climate change together in a holistic way. Treaties like the Paris Agreement have emphasized the importance of interdisciplinary approaches to tackle these challenges. It’s clear that relying solely on technological fixes and policy adjustments won’t be enough; we need a comprehensive transformation of our global socio-economic system.

A crucial aspect of this transformation involves reevaluating how countries invest and spend globally, as these patterns play a significant role in perpetuating existing imbalances. This research project takes a fresh approach to the problem. Instead of focusing on endless economic growth, it aims to identify regulatory frameworks for goods, labor, and financial markets that can create an economy that operates within planetary limits and principles of social equity.

To achieve the project goal a team of international experts and collaborations with international organizations will work to ensure that it aligns with global policies and civil society efforts. This analysis will draw on various theoretical perspectives from macro-finance, ecological economics, political economy, and sustainability studies.

Research Team

Julia Steinberger
Coordinator
University of Lausanne

Cédric Durand
Co-coordinator
University of Geneva

Elena Hofferberth
Principal Member
University of Lausanne

Katha Hujo
Principal Member
UNRISD