European politicians, CEOs, lawmakers urge green coronavirus recovery

(Reuters, 14 Apr 2020) Political and business leaders say transition to a climate-neutral economy that protects nature can rapidly deliver jobs and build more resilient societies.

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.

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Reuters, 14 Apr 2020: European politicians, CEOs, lawmakers urge green coronavirus recovery

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