Green stimulus can repair global economy and climate, study says

Green economy recovery packages for the coronavirus crisis will repair the global economy and put the world on track to tackle climate breakdown, but time is running out to implement the changes needed, new analysis has shown.

The study found that green projects create more jobs, deliver higher short-term returns per pound spent by the government, and lead to increased long-term cost savings

The study found that green projects create more jobs, deliver higher short-term returns per pound spent by the government, and lead to increased long-term cost savings

Projects which cut greenhouse gas emissions as well as stimulating economic growth deliver higher returns on government spending, in the short term and in the longer term, than conventional stimulus spending, the study from Oxford University found.



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