OECD - Making the green recovery work for jobs, income and growth

06 October 2020 |

This Policy Brief focuses on how countries can create opportunities for a green and inclusive economic recovery from the COVID-19 pandemic. A green recovery will significantly enhance the resilience of economies and societies in the face of both the severe recession and accelerating environmental challenges. The Brief also undertakes a preliminary review of announced recovery and stimulus policies in OECD and Key Partner countries. While many countries are focusing on measures that can drive sustainability while boosting jobs, income and growth, a number of countries are proposing measures that support environmentally damaging activities. Measuring and evaluating the environmental impacts of recovery policies over time is crucial, and a set of indicators, covering a broad array of critical environmental dimensions, is proposed for this purpose. This brief was first published on 14 September 2020. This is a revised version that incorporates a correction on page 8. Fossil fuel subsidies amounted to USD 478 billion in 2019 and not to USD 582 billion.

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