Sustainability after COVID-19: Can the global Green New Deal movement survive the pandemic?

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12 May 2020
Green Growth Knowledge Partnership (GGKP), German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

Are there trade-offs or synergies between financing economic recovery and transitioning towards sustainability?
“There are some strong synergies between low-carbon and resilient investments, which can deliver both the jobs and the growth spurt that we need in the short term and longer term sustainability. The challenge is how do we build that political will? Because for many countries and many people, their first reaction is ‘look, this is an immediate crisis, it’s about people, we don’t want to focus on green'. What we’re trying to show is that there are these synergies and we can bring them together.” –Helen Mountford, Vice President of Climate & Economics, World Resources Institute (WRI)
 
"For me, we wouldn’t be having an economy recovery that isn’t sustainable. It’s not an either/or question, the only question is how can we do that.” –Hans-Jörn Weddige, Group Coordinator of Energy, Climate and Environment Policies, ThyssenKrupp
 
 
Which areas, sectors or activities should be prioritized in a Green New Deal, given the economic crisis and competing claims?
“Certainly in the very long run, what’s very important is infrastructure support." –Hans-Jörn Weddige, Group Coordinator of Energy, Climate and Environment Policies, ThyssenKrupp
 
 
What could a Green Deal look like in a developing country context?
“From a developing country perspective – there are opportunities here and now that we can be tapping, and opening up a market that hadn’t been tapped before” -Arunabha Ghosh, Chief Executive Officer at the Council on Energy, Environment and Water (CEEW)
 
"Any Green New Deal has to be workable and affordable. It has to pay for itself. And there’s a way to do that... What we need is a combination of long-term, targeted public spending to support green infrastructure and innovations. This needs to be the priority for public investments. In addition to that, there needs to be substantial change in the pricing incentives." –Edward B. Barbier, University Distinguished Professor at the Department of Economics at Colorado State University

 

Recording


 

Speakers

 

Edward B. Barbier, University Distinguished Professor at the Department of Economics at Colorado State University and author of A green post-COVID-19 recovery Thinking must start now about the kind of sustainable economic recovery needed after the pandemic

Paul Ekins, Director of the University College London (UCL) Institute for Sustainable Resources

Arunabha Ghosh, Chief Executive Officer at the Council on Energy, Environment and Water (CEEW)

Helen Mountford, Vice President of Climate & Economics, World Resources Institute (WRI)

Hans-Jörn Weddige, Group Coordinator of Energy, Climate and Environment Policies, ThyssenKrupp

Moderated by Anna Pegels, Senior Researcher, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

 

Themes: 
COVID-19