ABSTRACT
This chapter examines how UNEP, the G20, the IMF, the OECD, and the WTO influenced state responses to the global financial crisis and assesses whether the organizations facilitated or hindered efforts to implement green stimulus. These organizations have different mechanisms through which they can constrain or enable the actions of individual states. The chapter argues that, although global organizations appeared to abandon neoliberalism and embrace Keynesianism in 2008, the shift in position was both incomplete and short lived. There was support at the global level for fiscal stimulus in 2008 and 2009 but, by early 2010, key organizations like the IMF, OECD, and G20 were calling for fiscal consolidation and even austerity measures just as economies began to recover. The chapter introduces each global organization and explains their impact on Green Keynesianism. It concludes with a discussion of whether there is a need for organizational reform at the global level to increase support and policy space for Green Keynesianism.
