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Rich nations must make pandemic recovery plans green - global investors
(Reuters, 4 May 2020) While some of the world's biggest economies have pledged post-pandemic green recovery, big emitters like China have yet to do so.
The world's richest nations must ensure their COVID-19 recovery plans are sustainable and help meet the goals of the Paris climate accord, according to leading global investor groups that together manage trillions of dollars in assets.
While some members of the world's 20 biggest economies such as Britain, France and Germany have made statements about doing just that, some of the biggest emitters such as China and the United States have yet to do so.
The intervention comes as more governments start to plan for the lifting of lockdown restrictions that have cratered the revenues of companies from airlines to retailers and radically changed the economics of the energy sector.
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Reuters, 4 May 2020: Rich nations must make pandemic recovery plans green - global investors
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