‘Climate Capitalism‘ could also be called ‘green’ or ‘sustainable’ capitalism. In line with Dr. Yunus’ principles, it needs to be defined as follows:
- on the governmental level, ‘green credit‘ funds government-supported ‘green’ programmes of activity which are run as ‘social businesses‘ a la Yunus
- on the level of monetary and financial institutions, ‘corporate social investments’ are made available as grants or interest-free loans to fund climate related social businesses
- on the level of philanthropic and social investors, ‘repayable loans’ or gifts fund climate related activities.
These changes require furthermore a new regulatory framework regarding taxation for investors, charities and social businesses.
In Parliament, the Forum for Stable Currencies has made suggestions to Government as an Early Day Motion (EDM) since 2002.
Our current EDM is entitled Green Credit for Green Growth.
WriteToThem is the easy way of inviting your MP to sign and thus strengthen awareness of this critical issue that few people and even fewer MPs understand…
[…] the spirit of ‘Climate Capitalism‘ MPs can be invited to sign via WriteToThem. […]
By: Our Current Early Day Motion « In the Spirit of the Forum for Stable Currencies on February 23, 2008
at 2:44 pm
[…] Yunus Event at St. James’s, I begin to talk about ‘climate urgency’ and ‘climate capitalism‘. No Comments so far Leave a comment RSS feed for comments on this post. TrackBack URI […]
By: Our Submission to the Stern Inquiry « Green Credit for Green Growth on March 2, 2008
at 3:18 pm