Green Recovery

Post-pandemic economic recovery based on green principles is a challenge but also an opportunity

Climate change is a danger for more and more regions around the world, with increasingly life-threatening impacts. At the same time, the world is facing extreme challenges as a result of the energy and food crises brought about by Russia's war on Ukraine. All this is happening at a time when many sectors are already struggling to cope with the effects of the coronavirus pandemic. Yet these crises can also be a unique opportunity – if tackling them in the spirit of a green recovery brings about a sustainable economic system.

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For GIZ, green recovery means measures that combat the social, economic and environmental impacts of climate change and the coronavirus crisis. It facilitates change that is sustainable, resilient and climate-neutral. In the long term, green growth ensures that natural resources are preserved as the foundation for future generations’ livelihoods. GIZ supports the German Government and its partners in adopting green economic models through short-term crisis-response activities and long-term recovery measures. 

All over the world, public-sector investment is under way on a vast scale to restimulate the economy and accelerate the transition to sustainable, future-proof economic and social structures – a double dividend.

Expanding the availability of green finance through targeted cooperation with the financial sector, for example with sustainable bonds and loans, is one approach. And the use of innovative, resource-friendly technologies will help to achieve long-term structural changes such as transforming supply chains and transitioning to a circular economy. In addition, the creation of green jobs will contribute to conserving or restoring the environment and protecting the climate. Technology-based approaches are crucial to the success of these measures.

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