Over half the bonds pledged at the Bank of Korea come from fossil fuel and high-emission sectors. Green bonds were under 2%. A new study calls it an implicit subsidy to high-carbon firms. https://greencentralbanking.com/2026/08/10/bank-of-korea-urged-to-stop-fossil-fuel-subsidy/
Joe Herbert
@joefherb.bsky.social
researching economy/ecology/finance at @positivemoneyuk.bsky.social • editorial team degrowth.info • @iwgbcharityworkers.bsky.social 🍉
🏦Central banks are powerful financial institutions with a key role in the just green transition🌿but currently the Bank of Korea is providing an "implicit subsidy" to fossil fuel & other carbon-intensive industries. Senior Researcher @joefherb.bsky.social 's new briefing👇
BOK's collateral policy criticized for favoring high-carbon assets - The Korea Times
A new study has accused the Bank of Korea (BOK)'s collateral system of favoring high-carbon assets over green bonds, arguing that the framework cou...
koreatimes.co.kr
We are actively recruiting scholars to join our new 4-year research project: "Abundance, Freedom and Limits in Latin America." This is a well-funded, remote position (no need to relocate!) Please check out the CfA and spread the word to anyone you think might be interested. igvi.org/opportunitie...
4 Project Researchers in the "Abundance, Freedom, and Limits" Research Group - IGVI
IGVI is now accepting applications to join a new research group
igvi.org
Join the board of @positivemoneyuk.bsky.social! positivemoney.org/vacancy/non-...
Non-Executive Director (Board member)
Shifting power from big banks to people. We collaborate with policymakers, the public and economists around the world so we can redesign our economic system for a better world and a healthy planet.
positivemoney.org
In Newcastle, Labour MP Mary Glindon is attempting to make a backroom deal with Reform to gift their councillor a place on a £20m local investment board. It's a toxic combo that is overriding local democracy and no residents asked for. Newcastle/NE folks, pls share and sign: x.com/NCLGreenPart...
Newcastle Green Party (@NCLGreenParty) on X
Statement from @MattWilliamsNGP (Apologies, this is a long one, but it tells you all you need to know about the tactics of Labour and Reform and how they will cooperate to further their interests at...
x.com
🏦Central banks are powerful financial institutions with a key role to play in the just green transition🌿 As transition finance gains momentum in Japan, they must prevent greenwashing their flagship climate lending facility. Our new briefing in @greencb.bsky.social 👇
Weak guardrails risk undermining BoJ’s climate lending scheme, warns thinktank
Flexible rules helped scale lending past US$130bn, but explicit exclusions and transition tests are needed to avoid refinancing misaligned activities.
greencentralbanking.com
Today, the Roadmap for Eradicating Poverty Beyond Growth is presented at the 62nd session of the UN Human Rights Council. Governments around the world continue to flog the dead horse of infinite growth, while inequality skyrockets, the planet is burning, and the North exploits the South...
Growth has failed to address poverty and is driving ecological crisis. Very happy to sign this op-ed and contribute a policy profile on 'central bank mandates for social and ecological objectives' to the new Roadmap for Eradicating Poverty Beyond Growth led by @deschuttero.bsky.social
We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way | Olivier De Schutter and others
Today, experts from around the world have come together at a landmark conference hosted by UN Special Rapporteur on extreme poverty and human rights, Olivier De Schutter: 𝗘𝗿𝗮𝗱𝗶𝗰𝗮𝘁𝗶𝗻𝗴 𝗣𝗼𝘃𝗲𝗿𝘁𝘆 𝗕𝗲𝘆𝗼𝗻𝗱 𝗚𝗿𝗼𝘄𝘁𝗵: 𝗔 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗼𝗮𝗱𝗺𝗮𝗽 𝗳𝗼𝗿 𝗮 𝗡𝗲𝘄 𝗘𝗰𝗼𝗻𝗼𝗺𝘆. 🧵 #EradicatingPoverty #BeyondGrowth #NewEconomy
Very much looking forward to reading this. This now has to be the footing for the economic programmes of all progressive parties. Centrism and triangulation will only continue to pave the way for the far-right, as the UK Labour govt among others is so expertly showing.
Economics can either enable the slide toward fascism, or defend affordability, dignity, and democracy. I wrote ANTI-FASCIST ECONOMICS with my baby by my side—a constant reminder that the future should be livable for all. Out in October with Random House.
“The Bank of Korea has taken initial steps to bring environmental considerations into its thinking, but it’s time to move from research to action.” Our Joe Herbert speaking to Asian Banking and Finance about our latest briefing 💚 Read more 👇
Think tanks urge Bank of Korea to move from climate research to action
The BOK is called to implement concrete policies that shift financial flows away from high-carbon sectors.
asianbankingandfinance.net
🐌 How do people conceptualize degrowth? What are the strategic implications of different theories of social change? And what direct action tactics do degrowth advocates support? Take a look at the research findings for this questions👇
Exploring the strategic and tactical preferences of the degrowth movement
The strategic diversity within the degrowth movement: different conceptualisations, strategic implications, and direct action tactics.
degrowth.info
The new Israeli execution law will see Palestinians sentenced to death by military courts with little oversight and a low bar for evidence. It should disgust anyone who claims to stand for equality, human rights and democracy.
The US bombed a primary school in Iran, killing 168 girls. Why is nobody talking about this anymore? These abominable war crimes should not be forgotten — and nor should the lives, hopes and dreams of human beings who were slaughtered with impunity.
As far as I can tell, the "special relationship" between the US and UK boils down to the UK being willing to do genocide and war crimes alongside the US, no questions asked. It is a pact among brutes, for naked imperialist violence, and it should be destroyed forever.
Join us & Degrowth London on Sat 18th April, 5-8pm at LARC, London. We'll be screening Earth's Greatest Enemy. The doc reveals the U.S. military's role as the world's largest institutional polluter, & makes the link between war, empire & ecological destruction. www.eventbrite.co.uk/e/earths-gre...
Earth's Greatest Enemy - London Film Screening
Join us in London for a screening of Abby Martin's new documentary, Earth's Greatest Enemy!
eventbrite.co.uk
Pssst! Pass it on… Myself, @drrobertchapman.bsky.social and @emilywebz.bsky.social are looking to set up a radical bookshop in Newcastle! Follow us over at Instagram www.instagram.com/p/DVve2wlDXh...
The #degrowth strategy debate rolls on at @degrowthinfo.bsky.social! Check out the two latest contributions: @giorgoskallis.bsky.social: degrowth.info/en/blog/what... Manuel Casal Lodeiro: degrowth.info/en/blog/dual... get in touch if you have a pitch!
Every single person in the entire chain of command that massacred the schoolgirls in Minab, and that is currently carpet bombing Iranian civilians, needs to be tried and jailed in The Hague. Sick, depraved monsters drunk on imperial hubris.
After discussions prompted by moves towards left regroupment, the editorial boards of Ebb and @prometheusjournal.bsky.social are merging. prometheus-mag.com/2026/02/21/e...
We can move beyond the capitalist model and save the climate – here are the first three steps By Jason Hickel, from ICTA-UAB, and Yanis Varoufakis. Published in @theguardian.com @jasonhickel.bsky.social @yanisvaroufakis.bsky.social www.theguardian.com/environment/...
We can move beyond the capitalist model and save the climate – here are the first three steps | Jason Hickel and Yanis Varoufakis
Capitalism cares about our species’ prospects as much as a wolf cares about a lamb’s. But democratise our economy and a better world is within our grasp, say Jason Hickel and Yanis Varoufakis
theguardian.com
this billionaire is literally a tax migrant in Monaco. 70% of players of the football team he owns, Manchester United, are migrants. www.theguardian.com/business/202...
Starmer tells Jim Ratcliffe to apologise for saying UK ‘colonised’ by immigrants
PM calls comments by Man United co-owner, who also hit out at people on benefits, ‘offensive and wrong’
theguardian.com
This govt is getting very good at 'not knowing' stuff (esp where paedophiles are involved). Brilliant quality for a govt to have 👍
No 10 ‘did not know’ of aide’s links to paedophile when he was given peerage
Global economy must move past GDP to avoid planetary disaster, warns UN chief
Global economy must move past GDP to avoid planetary disaster, warns UN chief
Exclusive: António Guterres says world’s accounting systems should place true value on the environment The global economy must be radically transformed to stop it rewarding pollution and waste, UN secretary general António Guterres has warned. Speaking to the Guardian after the UN hosted a meeting of leading global economists, Guterres said humanity’s future required the urgent overhaul of the world’s “existing accounting systems” he said were driving the planet to the brink of disaster. Continue reading...
theguardian.com
Today’s acquittal of six Palestine Action activists is a huge win against attempts to criminalise protest and resistance to genocide. After 500+ days in custody, the Filton jury returned not guilty verdicts on aggravated burglary for all, and no convictions on any other counts.
We want to learn about how you use degrowth.info in order to improve its value to the community! We would greatly appreciate you helping us out with this endeavour by completing our short reader survey. The survey is entirely anonymous: forms.zohopublic.com/admindegr1/f...
Local currencies could help Global South countries reclaim control over economic policy and respond to the climate crisis. Hear from leading experts in a webinar on the topic: 📅 Thursday 22 January 🕠 5:30 pm GMT Register now to join the discussion:
Can local currency financing help solve the climate and debt crisis?
Join us for a discussion on the challenges and opportunities of expanding local currency financing to tackle the climate and debt crisis
eventbrite.co.uk
We were pleased to host some great debates on @degrowthinfo.bsky.social in 2025, such as this exchange on degrowth and strategy. It will continue into 2026!
15) Finally, there is a debate occurring within the degrowth community about politics and strategy. Here I argue that socialism, and socialist political movements, are essential to achieving the transformations that degrowth advocates call for: degrowth.info/en/blog/on-d...