Investing in clean energy can help economies recover from the slowdown caused by the COVID-19 pandemic as it will add more jobs than backing fossil fuels, researchers said on Monday.
¡°Green investments can be an important part of recovery packages, lead to job creation and positive economic outcomes, and help address climate change,¡± said a report from the World Resources Institute (WRI), a U.S.-based think tank.
Yet in a bid to spur growth after millions lost work during coronavirus lockdowns worldwide, governments are spending more on carbon-heavy industries that neither address climate change concerns nor offer stability to workers, it warned.
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