State capacity and the green revolution we need

Bringing Professor Mariana Mazzucato, a world-leading economist heralded as one of the ‘25 leaders shaping the future of capitalism’ (WIRED), together with Mia Mottley, Prime Minister of Barbados and one of TIME’s 100 most influential world leaders, this event offers a unique opportunity to hear two global trailblazers discuss what it means for governments to lead a just green transition.

They will discuss the need for state leadership to align economic growth and climate goals, the importance of building state capacity to lead instead of over-relying on the consulting industry – drawing on Professor Mazzucato’s forthcoming book, The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies – and their new collaboration on a green industrial strategy for Barbados. Together they will question how governments can reclaim leadership and drive innovation and growth in the face of economic and climate insecurity.

This event is held in association with the UCL Institute for Innovation and Public Purpose (IIPP)

The UCL Institute for Innovation and Public Purpose (IIPP) aims to develop a new framework for creating, nurturing and evaluating public value in order to achieve economic growth that is more innovation-led, inclusive and sustainable.

We intend this framework to inform the debate about the direction of economic growth and the use of mission-oriented policies to confront social and technological problems. Our work will feed into innovation and industrial policy, financial reform, institutional change, and sustainable development.

A key pillar of IIPP's research is its understanding of markets as outcomes of the interactions between different actors. In this context, public policy should not be seen as simply fixing market failures but also as actively shaping and co-creating markets. Re-focusing and designing public organisations around mission-led, public-purpose aims will help tackle the grand challenges facing the 21st century.

IIPP is housed in The Bartlett, a leading global Faculty of the Built Environment at University College London (UCL), with its radical thinking about space, design and sustainability. Social Media: @IIPP_UCL

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