Only 6% of G20 pandemic recovery spending 'green', analysis finds

Review of G20 fiscal stimulus spending counters many countries' pledges to 'build back better' Only about 6% of pandemic recovery spending has been "green", an analysis of the $14tn that G20 countries have poured into economic stimulus.Additionally, about 3% of the record amounts governments around the world have spent to rescue the global economy from the Covid-19 pandemic has been spent on activities that will increase carbon emissions, such as subsidies to coal, and will do little to reduce greenhouse gases or shift the world to a low-carbon footing. Continue reading...