ABSTRACT
We need to consider new contours for globalization, environmental sustainability, equity, and the form of economic progress we collectively construct. It is possible in the decades ahead to construct a Green Globalization 2.0 that harnesses and redirects economic markets to achieve the common goals of decarbonization. The two positions – Green Globalization 2.0 and growth versus degrowth – pitch human and technological optimism against planetary and political pessimism. In 2020, many governments signalled they were commencing national Green New Deals (GNDs) to alter the nature and wiring of globalization going forward. GNDs will act as green reseeding and regrowth policy accelerators. They are designed to realign, and embed government policies with the collective net-zero goals to hasten their achievement. The transition to net zero can begin to bridge wage gaps, speed productivity, and provide a fair living wage to workers, and in doing so speed up economic growth and increase maximum potential growth.
