Feature: Five ideas to turn the Covid-19 recovery into a global green new deal

Economies around the world are reeling from the impacts of restrictions on the movement of people, goods and services, causing severe economic pain with dramatic social consequences.

While the IMF predicts the pandemic may shrink the global economy by 3%, there are still many unknowns. Yet worst-case scenarios can be avoided if we tailor responses to the crisis with long-term sustainability in mind.

SEI experts Ivonne Lobos, Zoha Shawoo, Claudia Strambo, Kevin Adams, Eric Kemp-Benedict, Corrado Topi, Pete Erickson, Derik Broekhoff, Aaron Maltais and Gregor Vulturius have developed five recommendations to ensure that the measures taken now mark an entry point to a global green new deal and ensure a sustainable, just and resilient recovery. 

Ideas: 

1. Put equity before economic growth
2. Reform subsidies
3. Introduce carbon taxes
4. Invest sustainably
5. Cultivate resilience

Read the full feature on the SEI website