G20 Note On Environmentally Sustainable Investment For The Recovery
Policy Papers, April 29, 2021
Source details
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- G20 Note On Environmentally Sustainable Investment For The Recovery
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Bibliographic details
- Published: April 29, 2021
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9781513577913.007
Summary
- This Note prepared for the G20 Infrastructure Working Group summarizes the main finding of the IMF flagships regarding the role of environmentally sustainable investment for the recovery.
- It emphasizes that environmentally sustainable investment is an important enabler for a resilient, greener, and inclusive recovery—it creates jobs, spurs economic growth, addresses climate change, and improves the quality of life.
- It can also stimulate much needed private sector greener and resilient investment.
Key findings
- Environmentally sustainable investment contributes to job creation.
- Environmentally sustainable investment spurs economic growth.
- Environmentally sustainable investment addresses climate change.
- Environmentally sustainable investment improves quality of life.
- Environmentally sustainable investment can stimulate private sector greener and resilient investment.
Policy implications and emphasis
- Environmentally sustainable investment should be integrated into recovery strategies to enhance resilience, green outcomes, and inclusiveness.
- Public investment and public-private partnerships (PPP) are relevant channels for directing environmentally sustainable investment.
- Focus areas include green infrastructure, energy efficiency improvement investment, and public investment management to support sustainable growth.
Subject areas and keywords (as listed)
- Subject: Climate change, Economic growth, Environment, Expenditure, Infrastructure, Job creation, Labor, Monetary policy, National accounts, Natural disasters, Political economy, Public investment and public-private partnerships (PPP), Sustainable growth
- Keywords: climate change, Climate change, energy efficiency improvement investment, environmentally sustainable investment, Global, green infrastructure, IMF flagship, Infrastructure, Job creation, management practice, Natural disasters, Public investment and public-private partnerships (PPP), public investment management, quality infrastructure investment agenda, Sustainable growth, transparency policy
Content in this bundle
- Policy Paper