Economies stagnating. Governments overindebted. The ashes of war impeding progress on international cooperation. A widespread sense of malaise and absence of urgency blocking the mobilization of capital
This report argues that advanced economies and China need to put in place a major program of economic support for all developing countries to assist them to transition to a new sustainable development path. It analyses how the Marshall Plan played a crucial role leading up to a Golden Age of economic growth and prosperity in Europe during the 20th century and asserts that lessons taken from the implementation of the Marshall Plan can help inform a breakthrough global sustainability programme today.
Such a programme calls for a massive scaling up of investments to achieve economic growth and meet the Sustainable Development Goals (SDGs) and climate targets.