Episode 57: Democratising our economy – municipal finance for a green new deal
with Bruce Davis and Mark Davis21st May 2020
There aren’t too many good news stories about. But here’s a great one. A new model for financing sustainable development projects in a democratic and participatory way. Hosts Luke Cooper and Zoe Williams talk to democratic finance geeks Bruce Davis and Mark Davis about type of debt they’ve developed for local councils. It’s a whole new mission for local government to put itself at the heart of green sustainable investment. By raising money through local municipal bonds local councils can develop local forms of energy production but also fund other things like social housing. It really could transform our economy.
For more on the ideas discussed in the podcast check out their report.
Production: Zoe Williams and Luke Cooper
Editing: Ben Higgins Millner
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