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Key findings from the update of the OECD Green Recovery Database. 30/09/2021

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"Since the last update in April 2021, recovery measures with positive impacts on the environment have increased, both in number and in budgetary terms. However spending on environmentally positive measures still represents only 21% of total COVID-19 recovery spending (up from 17%) in OECD, EU and Key Partner countries. Ongoing annual support to fossil fuels will likely surpass all the one-off green recovery spending in the next couple of years and undermine efforts to meet the Paris climate goals. Skills development and innovation are still insufficiently addressed in green recovery plans, even though they are essential for achieving a rapid and just transition to net-zero emissions."

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