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The (not so) green recovery: New report warns world is failing to build back better

March 12, 2021 Some $66.1 billion of COVID recovery funds have been spent on green energy as of early 2021, of which $25.3 billion focused on renewables and $18.5 billion on hydrogen. The fiscal spending plans of major economies in the wake of the coronavirus crisis have fallen far short of ensuring the recovery from the crisis does not exacerbate ongoing climate and nature crises, with just one in every $40 committed by governments in the wake of the pandemic set to deliver a positive impact for the planet. That is the bleak headline from a major report published this week by the United Nations Environment Program and Oxford s Economic Recovery Project, which warns policymakers are missing out on the greatest chance we have had so far to redirect the upward trajectory of global greenhouse gas emissions and put the world on track for meeting the 2030 Sustainable Development Goals.

World is missing chance for green recovery from COVID-19, U N says | Hellenic Shipping News Worldwide

The majority of large economies’ planned COVID-19 recovery spending is not green, putting the world on track to plough billions of dollars into reinforcing polluting industries, a report co-authored by the United Nations said on Wednesday. The COVID-19 pandemic last year triggered the largest contraction in the global economy since the Second World War, prompting .

Four Surprising Ways COVID Changed the World a Year Into the Pandemic

Four Surprising Ways COVID Changed the World a Year Into the Pandemic On 3/11/21 at 6:04 AM EST On March 11, 2020, the COVID-19 outbreak was officially declared to be a pandemic by the World Health Organization (WHO), more than a month after the first case was discovered in the U.S. The world has been significantly changed over the course of the past year and in a number of ways. Some of the changes were immediate. Unemployment rose and businesses suffered. But some are yet to be properly felt. Newsweek has compiled some standout figures. Green recovery A man walks through a village as steam and smoke rise from the Belchatow coal power station on November 29, 2018 at Rogowiec, Poland. Emissions slowed for a time during the pandemic.

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