As the new U.S. Treasury secretary, Janet Yellen will have to navigate the US economy not only through the devastation of the pandemic, but also towards a more sustainable future. Rachel Kyte, Dean of the Fletcher School at Tufts University and former World Bank vice president, … [Read more...] about How the US Treasury can promote a greener economic future
Green recovery
Mayors from 12 major cities commit to divesting from fossil fuels
Investing in green initiatives could accelerate an economic recovery from the Covid-19 pandemic, but if the federal government isn’t willing to divest from fossil fuels, then it’s up to local governments to do so. Recently, mayors of 12 major cities signed C40’s “Divesting from … [Read more...] about Mayors from 12 major cities commit to divesting from fossil fuels
Green recovery: Italy offers $600 subsidy to those wanting to buy a bike
Italy may soon see fewer cars and more bicycles on its roads thanks to a new initiative that will offer a hefty subsidy to anyone wanting to buy a bike. The move is part of the country’s €55bn post-pandemic recovery plan designed to boost Italy’s economy and entails offering … [Read more...] about Green recovery: Italy offers $600 subsidy to those wanting to buy a bike
South Korea will invest $61b as part of its path towards a green recovery
As countries around the world are increasingly considering a green recovery from the pandemic, South Korea is looking to lead the way. Part of the South Korean New Deal, this "green" policy is the Asian country's response to the rising tide of climate change, while also boosting … [Read more...] about South Korea will invest $61b as part of its path towards a green recovery
A green recovery could create as many as 400m jobs by 2030
As scientists and business leaders from different industries, as well as religious and medical institutions, have recently stressed, driving a post-pandemic economic recovery that focuses on the environment is paramount in our efforts to solve the climate crisis. Now, a report … [Read more...] about A green recovery could create as many as 400m jobs by 2030