The objective of F4B biodiversity stimulus project is to analyse biodiversity aspects of the ongoing economic rescue and recovery packages, and provide key insight to influence decision making.
The methodology designed to achieve this objective is based on three workstreams:
Targeted analysis to flesh out core content that will feed into a communications campaign.
‘Insider’ engagement and stimulus package co-creation with leading think tanks, etc.
‘Outsider’ communications and campaigning around the proposed stimulus concept and packages.
Green Stimulus Index (GSI)
Over the past months the world has witnessed unprecedented government financial interventions in response to COVID-19. Governments have rightly put people first and focussed on the immediate implications of the crisis.
But analysis by Vivid Economics concludes that announced stimulus to date will have a net negative environmental impact in 16 of the G20 countries and economies. As a result, the vast majority of the money going to business in the short term could be risking future environmental sustainability.
The coronavirus shows us that our fate is inextricably linked to that of the natural world. Governments might be inadvertently creating conditions which make things worse when they have the opportunity and responsibility to ensure short-term emergency measures lead to a better more resilient future.
New to this release
This update of the index incorporates significant new information that has become available since the previous release. The latest announcements on stimulus flows, deregulation and environmental policies have been incorporated into the analysis, with the following highlights:
Addition of the three remaining G20 countries (Argentina, Saudi Arabia and Turkey) to the index.
An increase in the total quantity of measured stimulus to US$12.1 trillion. This includes increases in stimulus packages in China (from US$592 billion to US$648 billion), Italy (from US$530 billion to $557 billion) and Australia (from US$148 billion to US$163 billion).
Improvements to some index scores. For example, we have seen more funding for clean energy in Europe, for green infrastructure projects in China, and national park conservation in the United States.
However, most G20 countries have continued to supply unconditional support to polluters across environmentally intensive sectors. Particularly damaging measures include further support for airlines and other polluters without environmental strings attached, and rollbacks in environmental regulations.