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Opportunities of post Covid-19 European recovery funds in transitioning towards circular and climate neutral economy. 12/11/2020

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Article

Stagl, Sigrid

European Parliament

European Parliament - Brussels

2020

12 p.

epidemic disease ; economic development ; environment ; European Union ; economic recovery ; circular economy

EU countries

Economic development

https://www.europarl.europa.eu/RegData/etudes/BRIE/2020/658186/IPOL_BRI(2020)658186_EN.pdf

English

Bibliogr.;Statistics

"The briefing presents specific green economic recovery measures that stabilise livelihoods, creates jobs and reduce biophysical impact. These measures are more effective, when accompanied by full carbon pricing, prioritizing investment in green infrastructure and innovation, phasing out of subsidies and tax exemptions for emissions-intensive activities, and promoting green finance. Although COVID-19 has reduced GHG emissions in 2020, the overall impact will be driven by investment choices. In the current economic climate, public investment is a key driver of the transition to a more sustainable economy."

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