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You're listening to EU Watchdog Radio.

Welcome to a new episode of EU Watchdog Radio.

My name is Hans Van Schare media officer at Corporate Europe Observatory, also known as CEO.

It is March 2021. And once again, the various climate movements call for a climate strike

on Friday the 19th, because those who follow the climate policy debate are deeply worried and so should you.

The scientists of the IPCC told us we have 10 years to curb greenhouse gas emissions.

Therefore the European Union has declared climate policy the alpha and omega, translated in its so-called Green Deal.

The new US administration has declared more or less the same,

and so have many other governments around the world. It sounds great. But when you look a bit deeper,

it seems that governments are over-enthusiastically and naively leaning on the financial sector and

markets to solve climate change.

As CEO researcher and campaigner Pasco Sabido says in the second part of this podcast,

when we see a huge market failure, what do we do? We turn to the same markets.

Pasco makes a passionate and convincing plea for why we urgently need fossil-free

politics. But first, I'll be talking to US-based researcher and campaigner Flora Sonkin.

Flora is a policy research officer on financing for development at Society for International

Development, SID.

Before joining SID, she worked on other international NGOs and the UN and has conducted research

on the World Bank and IMF structural adjustment programs in Indonesia. She has done field research

on land rights struggles in Brazil, analyzed local public

policies for agroecology in Spain, amongst many other issues. Flora will talk about a recent

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