IN SMUGGLE WITH CLIMATE CHANGE, EXTRA–BUDGETARY FUND APPLICATION AS AN INSTRUMENT OF GREEN KEYNESIAN ECONOMIC POLICY

IN SMUGGLE WITH CLIMATE CHANGE, EXTRA–BUDGETARY FUND APPLICATION AS AN INSTRUMENT OF GREEN KEYNESIAN ECONOMIC POLICY

Mustafa Goktug KAYA, Fatih PEKSEN & Yigit YILDIZ

ABSTRACT
Green Keynesian Economics, which is a postmodern reflection of Keynesian economic thought, suggests that negativities, which are possible for environmental problems causing climate change to lead to, should be solved by active role public sector will undertake. As known, carbon emissions, emitted to atmosphere in global scale, may cause climate change via greenhouse effect. This case leads country economies to face to a set of problems. Green Keynesian Economics suggests a mix of simultaneous sustainable policies as a solution for a set of problems under consideration. The aim of this study is to suggest a financial instrument taking place in the scope of Green Keynesian School for Türkiye targeting to achieve net zero carbon emission as of the year 2053.

KEYWORDS: Extra-Budgetary Fund, Green Keynesianism, Climate Change

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