INTRODUCTION

The current paradigm of the global economy is characterized by three broad features. First, neoliberalism, and its enduring agenda of liberalization, privatization and deregulation (Craig & Porter 2006). Since the 1970s neoliberalism has led to the deployment of the state to serve the interests of corporations and private investors rather than to fulfil people's rights. Second, the economic financialization, or the systemic deregulation of finance capital, whereby financial markets, motives, institutions and elites dominate the global economy, affecting everything, from production, consumption and regulation to health. And, third, intellectual monopoly capitalism, in which owners of intellectual property act as a monopoly force by reducing competi-tive supply, excluding others from using patented knowledge and increasing prices. At the centre of these paradigms is the overarching emphasis on export-oriented development models for the Global South through fossil-fuel-dependent global value chains and private investment governed by developed countries.

The historical extraction of ecological colonialism has expanded in scale and sophistication by exporting primary commodities and natural resources, such as timber, coffee, cotton and sugar (Malm 2016). The manifold harms of air pollution, soil erosion, desertification, deforestation and monocrops replace a diversity of local production, exploit many workers and often violate their human rights and exacerbate climate change. Unsurprisingly, the climate catastrophes we witness today are being felt the hardest in countries where colonization decimated natural resources, altered infrastructures and compromised traditional ways of living that respect the environment (Perry 2020). Powerful corporations and markets controlled by colonizers become the foundation of a “global economy” underpinned by several centuries of strategies of wealth drain, slavery or indentured servitude, deindustrialization and the creation of commodity and extractive enclaves.

A feminist and decolonial Global Green New Deal (GGND) is a collective project within the ecological and climate justice social movements to radically reimagine these reigning paradigms towards redistribution, equity and praxis of reparations, linking it to structural change and ideological transformation. A feminist and decolonial GGND resists the socially constructed hierarchies of racial, gender, class, caste sexuality and ability-based inequalities, which underpin colonial, neoliberal and capitalist structures, ideas and societies. It recognizes that the current ecological collapse directly results from an unequal social contract in which these hierarchies shape our social and economic relations.