Recovery funds from many different governments were put in place after a realization of climate change during the pandemic, and have adopted the phrase “build back better,” which hopes to help reduce emissions and thus help with the extreme weather we experience. These countries have the means ($14.6 trillion of the 50 countries with the largest economy)only 2.5% of the programs would actually help with decreasing greenhouse gasses, restoring ecosystems and pollution. Meanwhile, there’s still roughly $2 trillion that’s still set to go into these funds. There is an 82% of the funds that are being to speed up the battle against climate change. The article argues that just because countries made up the most allocations during the pandemic, that it won’t stop more allocations from happening. Writing that there is still a need for “green energy, green research, and development, restoring, and protecting natural eco-systems and the service they provide.” (Nugent) The article ends with a powerful message that we must hold each other accountable, while we aim for a brighter future.
Tabby Zuniga
Citation: Nugent, Ciara. “Just 2.5% of Pandemic Response Spending So Far Is Green.” Time, Time, 10 Mar. 2021, time.com/5945354/covid-19-recovery-climate-change/#:~:text=Climate%20and%20Environment-,U.N.%20Study%20Finds%20Just%202.5%25%20of%20Pandemic%20Response%20Funds%20Committed,China%20on%20March%204%2C%202021.
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