Did COVID-19 accelerate the green transition?

نویسندگان

چکیده

Fiscal spending policies adopted in the wake of COVID-19 pandemic have been presented as a unique opportunity to “build back better” and re-ignite economy while accelerating transition low-carbon economy. This paper analyses 1 166 funding measures announced by 51 countries European Union 2020-21 support development diffusion technologies. These – amounting USD 1.29 trillion can make an important contribution filling climate investment gap, particularly emerging technologies such carbon capture, usage storage green hydrogen. A modelling analysis suggests that they could large impacts on greenhouse gas emissions bring about significant co-benefits terms clean sectors’ output growth reductions fossil fuel imports.

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ژورنال

عنوان ژورنال: OECD science, technology and industry policy papers

سال: 2023

ISSN: ['2307-4957']

DOI: https://doi.org/10.1787/5b486c18-en