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IPFS News Link • Government Debt & Financing

UN Switch From Fear to Greed to Promote New Green Tax


Green economies for growth, urges UN ... Investing $1.3 trillion (£800bn) each year in green sectors would deliver long-term stability in the global economy, a UN report has suggested. Spending about 2% of global GDP in 10 key areas would kick-start a "low carbon, resource efficient green economy", the authors observed. They also recommended following policies that decoupled economic growth from intensive consumption. The findings have been published at a meeting attended by 100 ministers. "Governments have a central role in changing laws and policies, and in investing public money in public wealth to make the transition possible," said Pavan Sukhdev, head of the UN Environment Programme's (Unep) Green Economy Initiative. – BBC

Dominant Social Theme: Go Green!