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Trillions spent on Covid stimulus doing more harm than good, says Jeffrey Beyer

Updated: Apr 18

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


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