New analysis for the We Mean Business coalition🌿green recovery plans boost 💷income👩🔧employment and 📈GDP *better than return-to-normal stimulus measures* with the added benefit of reducing carbon emissions (1/5) #greenrecovery #buildbackbetter
bit.ly/3kbiewr
bit.ly/3kbiewr
In all geographies modelled (global, the EU, Germany, Poland, the UK, USA and India), green recovery plans were found to be more effective than return to normal stimulus approaches that reduce #VAT rates and encourage households to resume #spending (2/5) 
The green recovery plans modelled are 5-point plans and include a smaller VAT reduction plus:
Public investment in #energyefficiency and electricity grid upgrades
Subsidies for #wind + #solar
Car scrappage schemes (subsidies only provided to #EVs) Tree planting programmes (3/5)
Public investment in #energyefficiency and electricity grid upgrades
Subsidies for #wind + #solar
Car scrappage schemes (subsidies only provided to #EVs) Tree planting programmes (3/5)
The green recovery plan in the EU would result in 2 million more jobs by 2024. Whilst a green US recovery would deliver nearly 1 million more jobs than a return-to-normal plan #USjobs (4/5)
Globally, there would be 7% reduction in greenhouse gas emissions reduction by 2030 if the five-point green recovery plan was implemented #carbonemissions #CO2 #climatechange #covidrecovery (5/5)
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