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Improving the impact of fiscal stimulus in Asia
The analysis finds that most COVID-19 stimulus packages in the five studied Asian countries lack sufficient climate considerations, with 'dirty' stimulus often outweighing green measures. South Korea is the best performer due to its Green New Deal, while the Philippines and Singapore showed no quantified commitment to green outcomes. The report recommends increasing the size of green stimulus, implementing green conditionalities for bailouts, and expanding support for green R&D and tax reductions.
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Document type: Report
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