Green COVID-19 recovery packages can boost economic growth and help tackle climate change

A team of internationally-recognised experts, led by Cameron Hepburn at the Smith School of Enterprise and the Environment, and including Nobel prize winner Joseph Stiglitz and well-known climate economist Nicholas Stern, have shown the potential for strong alignment between the economy and the environment in new analysis of possible COVID-19 economic recovery packages.  

Cataloguing more than 700 stimulus policies into 25 broad groups and conducted a global survey of 231 experts from 53 countries, they found that green projects would create more jobs, deliver higher short-term returns per dollar spend, and lead to increased long-term cost savings, by comparison with traditional fiscal stimulus.

Read the full article on SmithSchool.ox.ac.uk

Further coverage in Forbes and The New York Times