In many countries, governments are now looking towards recovery as the pandemic’s first wave slowly recedes, with plans for economic stimulus worth trillions of dollars. Yet as economies pick up pace, emissions are beginning to rebound. And huge stimulus plans will have consequences for CO2 emissions, even if they do not explicitly target climate change.
As a result, voices from the International Energy Agency (IEA) through to the UK’s prime minister and leading economists are among those that have called for a “green recovery” that “builds back better”, by cutting CO2 emissions as well as boosting the economy. But what is actually being proposed?
Check out the green aspects of fiscal recovery packages around the world at the Carbon Brief website.