Trillions spent on Covid stimulus doing more harm than good, says Jeffrey Beyer
Updated: Apr 18, 2022
As stimulus spending starts to wind down, Zest's Managing Director Jeffrey Beyer takes stock of the impacts on climate and nature. While $17.2 trillion was injected in global economies, only 10% reduced emissions or restored nature, while three times that amount went towards environmentally damaging investments.
The analysis, delivered through Vivid Economics' Greenness of Stimulus Index, was covered around the world:
The Guardian - Trillions of dollars spent on Covid recovery in ways that harm environment
Forbes - Trillions In Covid Relief Actually Harming Nature And Climate, Research Finds
Business Green - Global Covid stimulus packages doing more harm than good to planet, researchers warn
Capital Monitor - Why Covid spending has failed on climate change
Common Dreams - Despite Climate Crisis, Governments Failing to Use Covid Stimulus for Green Recovery
Reporterre (France) - Les plans de relance mondiaux dopent les emissions de CO2
Mail & Guardian (South Africa) - South Africa improves on Covid-19 green stimulus index, but still falls short
CONCA TERNANA OGGI (Italy) - Trillions of Covid aid is actually harming nature and the climate, according to research
FR24 News - Billions of dollars spent on Covid recovery in a way that harms the environment
Autobala (India) - Covid stimulus packages doing ‘more harm than good’ to environment
Fintech Zoom - Stimulus Check – Global spending on green economic stimulus slowly tracking upwards: study
