Public Banks and Public Purpose: From Short-Term Crisis Responses to Long-Term Climate Prospects

This book examines the resurgence of public banks and their critical role in addressing global climate and development related challenges, drawing from the lessons of the 2008-09 financial crisis, the implementation of the UN Sustainable Development Goals, and most crucially, the COVID-19 pandemic.

Diana V. Barrowclough is a Senior Economist at United Nations Trade and Development (UNCTAD). Her research focuses on development finance, regional integration and cooperation, and sustainable economic policies. She has co-edited and authored numerous UN and other publications, including Southern-Led Development Finance: Solutions from the Global South (2021) and South-South Regional Financial Arrangements: Collaboration Towards Resilience (2022)

Thomas Marois is Professor of Political Economy, Canada Research Chair in Public Banking, and Director of the Public Banking Project at McMaster University, Canada. His research investigates the role of public financial institutions in addressing climate change and promoting equitable development. He is the author of the award-winning Public Banks: Decarbonisation, Definancialisation, and Democratisation (2021).