Mayors that make up the Task Force
are ’deeply concerned’ that only 3-5% of an
estimated US$12-15 trillion in international
COVID-19 stimulus is currently committed to green
initiatives. By propping up old and polluting
economies, the mayors warn a ‘dirty recovery’ will
accelerate climate breakdown, endanger public
health, cost lives and sacrifice jobs.
“By ignoring the
opportunity to make rapid green stimulus
investments, most national governments and global
institutions are likely leading us towards
catastrophic climate change,”
said the mayors
of the C40 Global Mayors COVID-19 Recovery Task
Force.
By contrast, a green and just recovery
based on the principles of a Global Green New Deal
would see COVID-19 stimulus and recovery funds
channeled towards investments like mass transit,
walking and cycling infrastructure, green spaces
and clean energy. |