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Structural economic reform is needed on an unprecedented scale and at an unprecedented rate to avert the worst impacts of climate change. Drawing on the lessons learned from Roosevelt’s New Deal, the paper analyses the extent to which green deal proposals and recovery plans put forth this century can deliver climate-resilient development according to a green growth (ecomodernisation) perspective. The paper concludes that while some greening of laws and post-crisis stimulus packages has been observed, it cannot be unequivocally concluded that pro-growth green deals can deliver a just net-zero and just transition.
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Toura et al. (2022) studied this question.
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