News Desk
The majority of large economies’ planned Covid-19 recovery spending is not green, putting the world on track to plough billions of dollars into reinforcing polluting industries, a report co-authored by the United Nations said on Wednesday.
The Covid-19 pandemic last year triggered the largest contraction in the global economy since the Second World War, prompting unprecedented spending by governments to salvage their virus-hit economies.
But while many leaders pledged to “build back better” and use recovery cash to fight climate change, so far, they are falling short.
