|
In the face of the COVID-19 crisis, many states around the world are adopting major economic support programmes. This is notably the case in France. At I4CE we are convinced that climate action, once the health emergency is over, can be an effective part of improving both the economy and the resilience of our society. Our experts have worked fast to develop a quantified climate investment plan for France and thus feed the national public debate. This plan is to be discovered in this week I4CE's newsletter. You will also find the point of view of one of our experts on the lessons to be learned from the 2008 French recovery plan. Stay safe and enjoy your reading!
|
|
NEW REPORT! Investing in Climate can Help France Drive its Economic Recovery
I4CE’s proposal calls for a public finance package of 7 billion euros per year that is estimated to trigger 19 billion euros of additional public and private investment. Altogether, this package would contribute to the economic recovery post-crisis and to international climate goals while simultaneously reinforcing our society against future shocks.
|
|
|
Towards a recovery plan? Let's learn from 2008
If the health crisis is the absolute emergency, it is also necessary to prepare for the aftermath to avoid a deep and lasting economic recession. The idea of a recovery plan is now on the table. This plan, if it materializes, is an opportunity to accelerate investments in the fight against climate change. But on the condition that we do not repeat the mistakes of the past, warns Quentin Perrier from I4CE, who draws parallels from the post-2008 financial crisis recovery plan in France.
|
|
|
#I4CE_Report #FlashFromThePast
|
|
For several years, I4CE has been carrying out the Landscape of Climate Finance in France. This Landscape identifies climate investment expenditure, analyses how these investments are financed and estimates annual investment needs toward national objectives. On these findings, I4CE team was able to carry out the study " Investing in Climate can help France drive its Economic Recovery".
|
|
|
|
|
