OECD: An Inclusive, Green Recovery is Possible: The Time to Act is Now

24 April 2020

Governments have a unique chance for a green and inclusive recovery that they must seize – a recovery that not only provides income and jobs, but also has broader goals, integrates strong climate and biodiversity action, and builds resilience.

The world is battling the COVID-19 global health emergency, and its economic and social ramifications. It is also racing against the clock to avoid the environmental crisis around the corner. The pandemic has shown us the importance of being prepared when crises hit. It has also shown us that postponing bold decisions can have huge costs. We were not prepared for the Covid-19 crisis, and we are even less prepared for the looming consequences of on-going and worsening challenges such as climate change, biodiversity collapse, life-shortening air pollution, and ocean acidification.

As we move towards the next phase of the COVID-19 crisis in many countries, governments have a unique chance for a green and inclusive recovery that they must seize – a recovery that not only provides income and jobs, but also has broader well-being goals at its core, integrates strong climate and biodiversity action, and builds resilience. Stimulus packages need to be aligned with ambitious policies to tackle climate change and environmental damage. Only such an approach can deliver win-win-win policies for people, planet and prosperity.

 

OECD statement


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