- The Green New Deal (GND) is any of several proposed economic stimulus programs in the United States that aim to address both climate change and economic inequality.
- The Green New Deal “is a four-part programme for moving America quickly out of crisis into a secure, sustainable future”.
- It takes its name from U.S. President Franklin Roosevelt’s famous New Deal, a series of economic and social measures launched in the 1930s to end the Great Depression.
- The Green New Deal audaciously aspires to make sweeping changes to the environment and economy and meet all of the U.S.’s power demand from clean, renewable and zero emission energy sources by 2030, while at the same time addressing racial and economic justice.
- Thus, in many ways, it is more than just a climate change plan.
- The resolution acknowledges the 1.5° report of the Intergovernmental Panel on Climate Change and the U.S. Fourth National Climate Assessment.
- It identifies the worldwide effects from warming, the disproportionate responsibility borne by the U.S. as a result of its historical emissions, and calls for the country to step up as a global leader.
- It speaks about the fall in life expectancy, economic stagnation, erosion of workers’ rights, and rising inequality in the U.S. Climate change that will asymmetrically affect the most vulnerable sections of U.S. society and ought to be considered a direct threat to national security.
- Supporters of a Green New Deal advocate a combination of Roosevelt’s economic approach with modern ideas such as renewable energy and resource efficiency.
DO YOU KNOW?
- The Green New Deal is the sort of resolution the U.S. should have passed after the Kyoto Protocol in 1997.
- Instead, the U.S. Senate unanimously passed the Byrd-Hagel Resolution, according to which the U.S. ought not to be a signatory to any protocol or agreement regarding the United Nations Climate Convention that would reduce greenhouse gas emissions for Annex-1 Parties, the wealthy countries, unless developing countries were also similarly required to limit their emissions.
- Global Green New Deal
- Low Carbon Green Growth Roadmap for Asia and the Pacific