2021
DOI: 10.21203/rs.3.rs-667715/v1
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Targeted green recovery measures in a post-COVID-19 world enable the energy transition

Abstract: Despite the significant volume of fiscal recovery measures announced by countries to deal with the COVID-19 crisis, most recovery plans allocate a low percentage to green recovery. We present scenarios exploring the long-term impact of the COVID-19 crisis and develop a Green Recovery scenario using three global models to analyze the impact of a more ambitious allocation. The results show that a Green Recovery scenario, with 1% of global GDP in fiscal support directed to mitigation measures for three years, cou… Show more

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Cited by 4 publications
(1 citation statement)
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“…The SSP2 scenario is a middle-of-the-road scenario and the IMAGE implementation is used and calibrated to historical data to include the historical impact of climate policies. In the CD-LINKS project (2017a, 2017b) different climate policy scenarios were implemented (McCollum et al, 2018;, which were updated for this article based on updated SSP scenarios and COVID impact assessments (Dafnomilis et al, 2021). The policies included in this scenario were retrieved from the Climate Policy Database (NewClimate Institute, 2015;Iacobuta et al, 2018), which is an open, collaborative platform and collects information on currently implemented policies from countries worldwide (see Figure 2-3).…”
Section: Climate Policy Scenariosmentioning
confidence: 99%
“…The SSP2 scenario is a middle-of-the-road scenario and the IMAGE implementation is used and calibrated to historical data to include the historical impact of climate policies. In the CD-LINKS project (2017a, 2017b) different climate policy scenarios were implemented (McCollum et al, 2018;, which were updated for this article based on updated SSP scenarios and COVID impact assessments (Dafnomilis et al, 2021). The policies included in this scenario were retrieved from the Climate Policy Database (NewClimate Institute, 2015;Iacobuta et al, 2018), which is an open, collaborative platform and collects information on currently implemented policies from countries worldwide (see Figure 2-3).…”
Section: Climate Policy Scenariosmentioning
confidence: 99%