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European Politicians, CEOs, Lawmakers Urge Green Coronavirus Recovery

April 14, 2020 |

This article was originally published on Reuters.

“European politicians, companies, lawmakers and activists called on Tuesday for green investment to restart growth after the coronavirus pandemic, saying fighting climate change and promoting biodiversity would rebuild stronger economies.

The European Union is headed for a steep recession triggered by the outbreak, but divided on how to finance economic recovery, with the ailing south advocating issuing joint debt against the opposition of the fiscally conservative north.

With EU leaders due to meet next week to discuss the recovery plan, a group of 180 political decision-makers, business leaders, trade unions, campaign groups and think tanks urged the bloc to adopt green stimulus measures.

“After the crisis, the time will come to rebuild,” they said in a letter.

“The transition to a climate-neutral economy, the protection of biodiversity and the transformation of agri-food systems have the potential to rapidly deliver jobs, growth … and to contribute to building more resilient societies.”…”

Read on at: Reuters.

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