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Great Green Transition and Finance

European governments are struggling to regain economic strength in the coronavirus pandemic as in many countries the number of new infections seems to gradually subside. Growth rates deep in the red call for a reconstruction programme when the crisis is finally manageable and economic activity can r...

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Detalles Bibliográficos
Autores principales: Kemfert, Claudia, Schäfer, Dorothea, Semmler, Willi
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7276110/
https://www.ncbi.nlm.nih.gov/pubmed/32536717
http://dx.doi.org/10.1007/s10272-020-0896-y
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author Kemfert, Claudia
Schäfer, Dorothea
Semmler, Willi
author_facet Kemfert, Claudia
Schäfer, Dorothea
Semmler, Willi
author_sort Kemfert, Claudia
collection PubMed
description European governments are struggling to regain economic strength in the coronavirus pandemic as in many countries the number of new infections seems to gradually subside. Growth rates deep in the red call for a reconstruction programme when the crisis is finally manageable and economic activity can resume. Amidst this, there are again influential groups that claim “this is not the time to insist on strict climate protection goals”. On the contrary, the ongoing COVID-19 crisis has clearly illustrated what climate disasters, often occurring locally, could do to the life of citizens. The reconstruction programme needs to initiate the great green transition. The transformation from a climate-distorting to a climate-protecting economy opens up investment opportunities and points to financing needs comparable with those necessary for the rebuilding of the European economy after World War II. The great green transition is a unique chance to pursue policies for a new and sustainable growth regime.
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spelling pubmed-72761102020-06-08 Great Green Transition and Finance Kemfert, Claudia Schäfer, Dorothea Semmler, Willi Inter Econ Articles European governments are struggling to regain economic strength in the coronavirus pandemic as in many countries the number of new infections seems to gradually subside. Growth rates deep in the red call for a reconstruction programme when the crisis is finally manageable and economic activity can resume. Amidst this, there are again influential groups that claim “this is not the time to insist on strict climate protection goals”. On the contrary, the ongoing COVID-19 crisis has clearly illustrated what climate disasters, often occurring locally, could do to the life of citizens. The reconstruction programme needs to initiate the great green transition. The transformation from a climate-distorting to a climate-protecting economy opens up investment opportunities and points to financing needs comparable with those necessary for the rebuilding of the European economy after World War II. The great green transition is a unique chance to pursue policies for a new and sustainable growth regime. Springer Berlin Heidelberg 2020-06-07 2020 /pmc/articles/PMC7276110/ /pubmed/32536717 http://dx.doi.org/10.1007/s10272-020-0896-y Text en © The Author(s) 2020 Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
spellingShingle Articles
Kemfert, Claudia
Schäfer, Dorothea
Semmler, Willi
Great Green Transition and Finance
title Great Green Transition and Finance
title_full Great Green Transition and Finance
title_fullStr Great Green Transition and Finance
title_full_unstemmed Great Green Transition and Finance
title_short Great Green Transition and Finance
title_sort great green transition and finance
topic Articles
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7276110/
https://www.ncbi.nlm.nih.gov/pubmed/32536717
http://dx.doi.org/10.1007/s10272-020-0896-y
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