Integrating climate change and biodiversity into the response to COVID-19: Bailout measures

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F4B

This note is part of a series looking at climate change and biodiversity considerations in economic responses to COVID-19.


It argues that governments should use three complementary strategies to align their bailout packages: 

  • Governments should clearly set out any commitments they expect firms receiving assistance to uphold. 

  • Governments should ensure the strength of those commitments (i.e. the benefits to the public) are commensurate to the public support being provided (i.e. the costs to the public).

  • Governments should consider medium and long term ecological transition and physical risks when deciding the scale and duration of support. 

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