Improving the impact of fiscal stimulus in Asia: An analysis of green recovery investments and opportunities

This study, jointly produced by Climate Policy Initiative and Vivid Economics maps the ‘greenness’ of these fiscal stimulus measures and their contribution towards country-level climate objectives. Compared to business-as-usual stimulus measures, green stimulus measures have been proven to provide both short-term economic gains and build national wealth in the long-term. Green recovery measures, such as investment in renewable energy, low emission transport, energy efficiency, and nature-based mitigation and adaptation solutions provide higher employment intensity, along with other financial returns and wider social benefits, than policies that seek to prop up aging, more polluting means of production.