Building Back Better Update – COP26: Governments are not reorienting their
economies to a green future and vulnerable nations are being left behind
Although COP26 has been anticipated as an inflection point in the fight against climate
change, governments have so far failed to take advantage of their greatest ever fiscal
opportunity on climate change—the COVID-19 economic recovery.
This policy brief is an update of the Global Recovery Observatory that assess the Covid-19
related fiscal spending of governments on the potential impacts on the environment and the