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   Eric Maugendre (maugendre@mas.to)'s status on Sunday, 21-Jan-2024 18:43:48 JST Eric Maugendre

   "Previous IMF interventions may have reduced a country’s ability to invest in transition. Now, the IMF’s response to, or management of, an economic crisis must also consider solutions that are not building the fragilities of the future.

   […] The IMF is facing a steep learning curve."

   #E3G: https://www.e3g.org/news/navigating-a-coming-storm-the-imf-and-the-climate-transition/

   #IMF #finance #energyTransition #transitioning #transition #promises #money #Georgieva

   • phiofx repeated this.
   • Embed this notice
     Eric Maugendre (maugendre@mas.to)'s status on Sunday, 21-Jan-2024 18:43:47 JST Eric Maugendre

     in reply to

     "This analysis makes clear that the pat notion of “affordable clean #energy” views the world through a narrow keyhole that is blind to innumerable economic, ecological, and social costs. These undesirable #externalities can no longer be ignored. To achieve #sustainability and salvage civilization, society must embark on a planned, cooperative descent from an extreme state of overshoot in just a decade or two."
     https://www.mdpi.com/1996-1073/14/15/4508 @climate

     #transition #renewables #EnergyTransition #capacity

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     phiofx (phiofx@hachyderm.io)'s status on Sunday, 21-Jan-2024 19:13:39 JST phiofx

     in reply to

     @maugendre @climate i had to chuckle at the naivete of a planned and cooperative pathway to #sustainability

     We are in the midst of a geopolitical conflagration that may be rehearsal for worse. How do you get livid, bigoted populations and power structures that thrive on exploiting otherness actually cooperate?

     As for planning, while free markets is a myth and state-backed oligopolies the reality, legal/financial/economic systems built 100% on monetary profit cant be jettisoned in a hurry