World is missing chance for green recovery

24
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.

Previous articleSanjrani to continue as Senate chairman: Firdous
Next articleQasim Suri tests positive for Covid-19