Green economy almost non-existent in Latin America’s recovery plans



Rio Times Staff | The Rio Times

RIO DE JANEIRO, BRAZIL – Despite the fact that various international organizations suggest that fiscal policy to restore the environment is among the most effective tools for post-pandemic economic recovery, the expansionary plans being prepared by Latin American countries barely include investments in the green economy.

The creation of millions of new jobs and the drive for egalitarian and inclusive growth are the arguments put on the table to correct the crisis’s adverse effects by promoting an economic transition towards net-zero emissions activities. Still, this response has not yet taken shape.

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