Sustainable Growth Newswire

EPF compiles a selection of policy oriented-research from around the globe pertaining to its policy initiatives. To receive a weekly email of the newswire, please subscribe to our newsletter

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Want to Build Back Better? Let Innovators Come to You

World Economic Forum  
Policy Initiative: Sustainable Infrastructure
26. July 2020

The COVID-19 pandemic is far more than just an epochal public health crisis. The economic devastation it is causing has the potential to hobble global prosperity for generations to come. Governments need to act fast to ensure their economies can weather the storm – and many are doing so, by crafting stimulus measures with infrastructure development prominently centred. Increasingly, however, policymakers are thinking beyond how we can rebuild the old world to how we can create a better new one.…

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G20 Recovery Packages Benefit Fossil Fuels More Than Clean Energy

International Institute for Sustainable Development  
Policy Initiative: Sustainable Finance
26. July 2020

Decisions taken in response to the COVID-19 crisis today will lock in the world’s development patterns for decades. With policy decisions made on a daily basis, information about how public money is being spent can be hard to follow. That is why a consortium of 14 expert organizations came together to track energy-specific responses by G20 governments. Early findings from their research show that, between the beginning of the COVID-19 pandemic in early 2020 and July 15, 2020, G20 countries have committed…

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The Value of Inclusive Infrastructure in a Post-Coronavirus World

Green Growth Knowledge Platform  
Policy Initiative: Sustainable Infrastructure
26. July 2020

As we emerge from this coronavirus pandemic, what future should we anticipate? Listening to some politicians and pundits, we are led to believe that our choices are binary: the return of the pre-pandemic status quo, or a different future, one that is transformative. But these are false choices. In fact, we have no choice but to build back better to a resilient future that can withstand another pandemic, as well as other shocks and crises that are sure to come.…

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ACET/OECD Make Key Recommendations on Africa Infrastructure Development

African Center for Economic Transformation  
Policy Initiative: Sustainable Infrastructure
20. July 2020

The report, Quality Infrastructure in 21st Century Africa, was released at a July 9 high-level launch event held online. It marked the culmination of the first phase of a collaborative initiative between the OECD and ACET that dated back to the 2018 International Economic Forum on Africa, held in Paris. The report argues that traditional business models for project development have failed to deliver the infrastructure needed to match Africa’s demographic growth and urbanization. It identifies the bottlenecks to infrastructure development—including institutional capacity…

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How Women Can Power the Green Transition

Project Syndicate  
Policy Initiative: Sustainable Infrastructure -- Neu
20. July 2020

Green-energy transitions provide opportunities to tackle systemic gender discrimination and enable societies to reap the benefits of a more diverse workforce. That is partly because sustainable energy is a new and fast-growing field: the number of people employed worldwide in the sector is expected to increase from an estimated 11 million today to over 42 million in 2050. The good news is that governments, firms, and universities around the world are implementing a wide variety of strategies to make the green transition more…

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Japan Vows to Slash Financing of Coal Power in Developing World

Financial Times  
Policy Initiative: Sustainable Infrastructure
20. July 2020

Japan’s environment minister has hailed a “turning point” in his country’s climate change policy after vowing to slash its much-criticised support for coal power in the developing world. In an interview with the Financial Times, Shinjiro Koizumi said the new strategy on infrastructure exports announced last week marked a clear change in approach, following opprobrium at last December’s UN climate conference in Madrid. The new policy will curtail an important source of official finance for coal power stations in south-east…

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UK Ministers Plan ‘Green Investment Bank 2.0’

Financial Times  
Policy Initiative: Sustainable Finance
20. July 2020

The UK government is planning to recreate a taxpayer-backed Green Investment Bank to help fund technologies and infrastructure needed to reach its legally binding 2050 net zero emissions target, according to the energy minister. Kwasi Kwarteng has told climate change campaigners of a “broad discussion” in government to create a “Green Investment Bank 2.0”, only three years after the original GIB was privatised through a £2.3bn sale to Australian financial group Macquarie. Financial Times | UK Ministers Plan ‘Green Investment Bank…

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COVID-19: How Multilateral Development Banks Can Lead Through a Crisis

World Economic Forum  
Policy Initiative: Sustainable Finance
20. July 2020

The COVID-19 pandemic has shown yet again, just how critical multilateral development banks (MDB’s) are in moments of crisis. MDB’s are uniquely structured to tackle challenges that cross national borders. Such challenges like climate change or global pandemics, by definition, demand cross border solutions. Furthermore, MDB’s play a crucial role to help counteract the pro-cyclical nature of financial markets as private banks tend to lend too much during boom times and then ration credit during economic downturns. World Economic Forum…

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