Climate-Smart Fiscal Policy Can Foster a Lasting Economic Recovery

Elsevier, One Earth, Volume 3, 18 September 2020
Estevao M.

The recession and debt distress accompanying coronavirus disease 2019 (COVID-19) pose serious threats to governments’ ability to invest in achieving the Sustainable Development Goals, raising the specter of another lost decade for climate action. However, fiscal policy can be designed to simultaneously stabilize the economy and public finances while advancing sustainable development.