The pandemic offers an opportunity to shape climate-friendly recovery packages that both boost shorter-term job creation and incomes, and generate long-term sustainability benefits. Polling shows large popular support for recovery packages to prioritise climate change.
For the second time over the last ten years, low-income economies are confronted with the challenge of overcoming a macro crisis they did not spark and for which they have disproportionally poor capacity to cope with compared to high-income countries. In this context, development finance institutions (DFIs) have an important role to play, both during the crisis and for the recovery.
As a follow up to the ETTG Policy Brief “Harnessing EU external cooperation to boost ambitious and coherent climate action” and one month before the ETTG roundtable event âHow to walk the Green Deal talk in EU external cooperation? Harnessing development cooperation to foster European climate leadershipâ (18th March in Brussels) the DIE researchers from Steffen Bauer and Gabriela Iacobuta are putting together the pieces of the “Green Deal” puzzle in our new ETTG blog.
The December Communication on the Green New Deal â in the words of the EC President presented as the âman on the moon momentâ of the European Union â outlines the steps to shape the European Union climate strategy for the years to come.