May 14, 2009
How Green is Our Recovery?
The economic recovery packages put forward by many countries spend lots of money, but a key question is whether the packages will have a beneficial impact on greening the global economy. Although few contain adequate detail for full assessment, some are likely beneficial and some are actually counterproductive in moving the world toward a low carbon economy. A study commissioned byE3G and WWF and prepared by Germanwatch and Ecofys on the climate friendliness of recovery packages provides a detailed and comprehensive analysis of the proposed ’stimulus’ packages of five key countries - France, Germany, Italy, the UK and the US - as well as examining the package agreed by the European Union as a whole. The economic/climate recovery score cards created as part of the study are available on the following websites:
Ecofys: http://ecofys.com/com/publications/reports_books.asp (supplementary material available on Ecofys website)