This working paper estimates multipliers for spending in clean energy and biodiversity conservation to help inform stimulus measures for a post-COVID-19 sustainable recovery.
National governments can spur COVID-19 recovery, achieve shared prosperity and drive climate action through national policies and targeted investments to decarbonise cities and make them more resilient. This report shows the power of urban transformation and the many ways to achieve it by looking up close at six major emerging economies: China, India, Indonesia, Brazil, Mexico and South Africa.
COVID-19 has led to a global crisis threatening the lives and livelihoods of the most vulnerable by increasing poverty, exacerbating inequalities, and damaging long-term economic growth prospects. This report provides an analysis of over 3,500 fiscal policies announced by leading economies in 2020 and calls for governments to invest more sustainably and tackle inequalities as they stimulate growth in the wake of the devastation wrought by the pandemic.
The analysis shows that the impacts of environmental degradation tends to be concentrated among vulnerable groups and households. At the same, the benefits and costs of environmental policies are also likely to be unevenly distributed across households.
This policy paper analyses measures related to COVID-19 in 11 EECCA countries based on their potential to advance the transition to a greener, climate-resilient and low-carbon economy. Recommendations suggest ways to ensure that governments align efforts to support economic recovery with their objectives on climate change, biodiversity and wider environmental protection. COVID-19 and greening the economies of Eastern Europe, the Caucasus and Central Asia.