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5 - Time travellers: escaping ecological debt

Published online by Cambridge University Press:  10 January 2026

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Summary

In the fifth chapter, the horizon is extended beyond Wall Street and the City of London to the global level of finance and exchange, exploring how the institutions and systems that govern the international economic sphere presently undermine not only effective action to confront ecological crisis but also, critically, the ability to secure justice in doing so. As this chapter argues, confronting profound inequalities in both wealth and power within the global economy is neither optional nor a distraction from the challenge at hand, as efforts to do so are often described. To the contrary, doing so is a question of both justice and material necessity.

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