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Leveraging Fiscal Stimulus to Improve Energy Transition: Case of South Korea and Indonesia
This report analyzes the role of COVID-19 fiscal stimulus packages in South Korea and Indonesia, evaluating how these recovery efforts align with each country's energy transition goals. While South Korea has integrated climate challenges into its recovery via the Green New Deal, Indonesia's National Economic Recovery program focuses primarily on short-term social and economic survival with minimal allocation to the energy transition.
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Document type: Report
Improving the Impact of Fiscal Stimulus in Asia: An Analysis of Green Recovery Investments and Opportunities
This report by the Climate Policy Initiative and Vivid Economics analyzes the 'greenness' of COVID-19 recovery stimulus packages in five Asian countries—India, Indonesia, the Philippines, Singapore, and South Korea—using the Greenness of Stimulus Index (GSI). The study finds that most of these nations are not sufficiently incorporating climate considerations into their fiscal responses, with 'dirty' stimulus often outweighing green measures.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report