Stimulus Approved and Near Completion as of Dec. 11
(Bloomberg) -- National governments expanded by $66 billion their economic stimulus commitments allocated both to 'green' and carbon-intensive sectors last month in response to the Covid-19 pandemic. However, just $11 billion was tagged to clean sectors such as renewables, EVs or energy efficiency, or is being promised to CO2-intensive industries with requirements that they decarbonize. As a result, approved green stimulus totals some $190 billion compared with $932 billion targeted at CO2-intensive sectors.
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