This article by Delfina Godfrid and Nicholas Stern make the case that sustainability, not the polluting growth models of the past, will define 21st-century development, and outline five critical roles for the state in driving the investment needed for this transition.

Economics Observatory, 6 July 2026

Keep in touch with the Grantham Research Institute at LSE
Sign up to our newsletters and get the latest analysis, research, commentary and details of upcoming events.