Governments failing to fulfil talk of green Covid recovery, UN warns
by Fiona Harvey Environment correspondent from on (#5F5MY)
Prospect of green focus for rescuing economies in danger unless swift action is taken, environment chief says
Governments around the world are failing to match their green rhetoric with action in rescuing their economies from the Covid-19 pandemic, the UN has warned, with prospects for a green recovery" in danger unless swift action is taken.
Countries are spending an unprecedented $14.6tn (10.5tn) on trying to prevent economic collapse, seeking to protect jobs and save businesses on the brink of ruin. However, a UN-backed analysis of 50 leading economies has found only $368bn, or about 18%, of the rescue spending so far can be regarded as green.
Continue reading...