Ponying up for the New Green Industrial Age

GDP - The Global Development Primer

The spring meetings of the IMF and the World Bank are underway. Climate change adaptation is a top concern, and many wonder whether or not emerging economies can be part of the New Green Industrial Age. Technology, resources and political will exist. But do the finances? Will green technology remain a reserved commodity for affluent nations? Is it possible to change over millions of two-stroke Tuk-Tuks to emission free vehicles. None of it will happen without the right economic model behind. Oliver Schwank joins us this week to talk about how we can actually make that possible.

Oliver Schwank is a senior economist in the Financing for Sustainable Development Office of the UN’s Department of Economic and Social Affairs, and one of the authors of the 2022 Financing for Sustainable Development Report: Bridging the Finance Divide. He is part of the policy analysis team that leads the substantive follow-up to the Addis Ababa Action Agenda on Financing for Development, and focuses on debt sustainability and integrated financing frameworks. Prior to his current role, he held various positions in the Secretariat of the United Nations, including as part of the writing team of the World Economic and Social Survey, a flagship UN publication, and in the Office of the Special Advisor on Africa. He also was a consultant with UNIDO and a lecturer in development economics at the Vienna University of Economics and Business and at the University of Vienna. He holds a Doctorate in Economics from the Vienna University of Economics and Business.

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