COVID-19 POLICY RESPONSES AND GREEN RECOVERY IN THE NORDIC REGION

Download or read book COVID-19 POLICY RESPONSES AND GREEN RECOVERY IN THE NORDIC REGION written by Baldursson, Friðrik Már and published by Nordic Council of Ministers. This book was released on 2022-05-20 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Available online: https://pub.norden.org/temanord2022-527/ This report assesses the “green stimulus” relevance of the covid-19 stimulus measures in the Nordic region. By green stimulus we mean measures that can achieve economic stimulus while also reducing greenhouse gas emissions and enhancing environmental and natural resource quality.All Nordic countries have implemented comprehensive covid-19 stimulus packages, amounting to between 2000 euro per capita in Finland to 4400 euro per capita in Denmark. We identified that at least 6-21 percent of the measures suit the definition as green stimulus in terms of decreasing greenhouse gas emissions. A lower share, at least 2-13 percent, contribute to increase greenhouse gas emissions. The picture is almost the same for the environment. The remaining measures are either assessed as not having any significant impact on emissions or the environment.