Unpacking the COVID-19 rescue and recovery spending: an assessment of

The analysis of nearly 2,500 measures from 26 key emitters reveals that only 22% of fiscal stimulus spending was allocated to low-carbon measures, while 35% supported the status quo and 4% supported high-carbon measures. The report concludes that collective recovery actions are inadequate relative to climate urgency and long-term commitments, noting that most low-carbon spending will likely only yield emission reductions after 2030.

• Of the fiscal stimulus spending by 26 key emitters in response to COVID-19, only 22% was allocated to low-carbon measures, while 35% supported the status quo and 4% explicitly supported high-carbon measures.
• The assessment covered nearly 2,500 measures from 26 emitters, including 16 European Union Member States and ten other economies, representing approximately 67% of global greenhouse gas emissions (excluding land use) in 2019.
• Nearly two-thirds of the low-carbon spending across the analyzed emitters is expected to have an impact over time, meaning it may not result in direct emission reductions before 2030.
• The collective rescue and recovery actions of these governments are deemed inadequate when measured against scientific evidence regarding climate urgency and the governments' own long-term climate commitments.

APA

NewClimate Institute (2022). Unpacking the COVID-19 rescue and recovery spending: an assessment of. http://www.newclimate.org/resources/publications/unpacking-the-covid-19-rescue-and-recovery-spending-an-assessment-of

Chicago

NewClimate Institute. Unpacking the COVID-19 rescue and recovery spending: an assessment of. 2022. http://www.newclimate.org/resources/publications/unpacking-the-covid-19-rescue-and-recovery-spending-an-assessment-of.

Wikipedia

{{cite report |author=NewClimate Institute |title=Unpacking the COVID-19 rescue and recovery spending: an assessment of |date=11 March 2022 |url=http://www.newclimate.org/resources/publications/unpacking-the-covid-19-rescue-and-recovery-spending-an-assessment-of |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2022unpacking, author = {{NewClimate Institute}}, title = {{Unpacking the COVID-19 rescue and recovery spending: an assessment of}}, institution = {NewClimate Institute}, year = {2022}, month = mar, url = {http://www.newclimate.org/resources/publications/unpacking-the-covid-19-rescue-and-recovery-spending-an-assessment-of}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }