ANALYSIS-As Europe fights coronavirus and climate, is 'green stimulus' the way?

(Reuters, 25 Mar 2020) Some argue investment into eco-enterprise could revive economies struggling under COVID-19 and help transition to a greener future

For European governments battling to brace economies pummelled by the coronavirus, there might be no better time to go green.

Normally thrifty countries, such as Germany, accept they will have to spend heavily to weather the economic shock of the coronavirus. Many also face the challenge of ploughing billions of euros into climate schemes to keep carbon reduction pledges.

Could "green stimulus" be the answer?

For budget hawks preparing to throw out the traditional fiscal rule book to fight the pandemic, green bonds - raising debt for funding projects such as renewable energy and public transport - might be a palatable option.

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Reuters, 25 Mar 2020: ANALYSIS-As Europe fights coronavirus and climate, is 'green stimulus' the way?