Best Investments for an Economic Recovery from Coronavirus

Developer or Source: World Bank

The COVID-19 crisis is causing massive suffering across the globe. In addition to the human consequences of the disease, containment measures to slow down and control the virus have deprived people of their livelihood and put many firms in a difficult financial situation. As a result, governments are planning massive stimulus packages to accelerate recovery once the health emergency is under control. To help governments think through investments for a green recovery, we proposed a sustainability checklist to screen potential projects and policies. To test how the sustainability checklist might work for a specific country, the checklist was applied to the Fiji Climate Vulnerability Assessment (CVA). The objective is to demonstrate how the checklist can be used as a screening, scoring, and prioritization tool to identify projects that create synergies between short-term needs and long-term objectives.

Region: East Asia and Pacific, Least Developed Countries (LDCs), Small Island Developing States (SIDS)
Sectors and Topics: Agriculture, Economic Recovery, Disaster Risk Reduction, Ecosystem Adaptation, Education, Energy Efficiency, Forestry and Land Use, Health, Infrastructure and Industry, Jobs, Oceans and Coasts, Poverty, Renewable Energy, Transport, Urban, Waste Management, Water
Scale: National
Expertise Level: Practitioner, Specialist
Resource Type: Guidance and Frameworks
Cost: No
Languages: English
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