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21 Oct 20201 minute read

Green recovery to unlock ‘millions’ of jobs

ECAtoday
Green recovery to unlock ‘millions’ of jobs

A new report published by economists from the We Mean Business coalition says that investment in a ‘green recovery’ could provide far more benefit to the EU jobs market (including the UK) than normal stimulus packages which focus on reducing VAT and increasing household spending.

The report says that a green recovery plan, with strong investment in low-carbon technologies, renewable energy and electrification of transport, would result in two million more jobs in the EU compared to traditional stimulus measures.

Maria Mendiluce, chief executive of the We Mean Business coalition said to BusinessGreen, “This report confirms what many companies already know - investing in the zero carbon future is the best way to ensure business success.”

ECAtoday

ECAtoday