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U N Study Finds Just 2 5% of Pandemic Response Funds Committed So Far Are Directed Towards Climate Change Mitigation and Adaptation

World Failing To Take Green Covid Recovery Path: UN

UN: Too little of recovery spending fights climate change

A new United Nations report says the world is spending unprecedented amounts of money to bounce back from the pandemic and economic shock, but too little of it is building a greener world

Governments failing to fulfil talk of green Covid recovery, UN warns

Governments failing to fulfil talk of green Covid recovery, UN warns Fiona Harvey Environment correspondent © Provided by The Guardian Photograph: Rupak De Chowdhuri/Reuters Governments around the world are failing to match their green rhetoric with action in rescuing their economies from the Covid-19 pandemic, the UN has warned, with prospects for a “green recovery” in danger unless swift action is taken. Countries are spending an unprecedented $14.6tn (£10.5tn) on trying to prevent economic collapse, seeking to protect jobs and save businesses on the brink of ruin. However, a UN-backed analysis of 50 leading economies has found only $368bn, or about 18%, of the rescue spending so far can be regarded as green.

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