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Article

26 Mar 2020

Author:
WWF & 7 others

NGO letter to EU on COVID-19: Economic stimulus must support sustainability objectives in line with EU Green Deal

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We are calling on the European Union and its governments to demonstrate leadership and foresight by continuing and reinforcing on the trajectory towards a resilient and sustainable economy, in line with the European Green Deal...

Concretely, we believe that the EU and its Member States must:

1. Make distribution of stimulus funds and bail-outs conditional on consistency with the European Green Deal...

2. Reform fiscal rules to ensure continued public investment in decarbonising the economy...

3. Launch large scale sustainable initiatives in line with public interest...

4. Accelerate EU sustainable finance policies to shift the trillions from brown to green...

5. Limit future health crises by acting globally against climate change and biodiversity loss...

During this time of worry and uncertainty for many, we recognise the efforts undertaken by our leaders to overcome the immediate health crisis, and provide support to the most vulnerable. Our organisations stand ready to work with decision makers at EU and national levels to ensure that despite these challenges, we continue down Europe’s chosen path of a just and fair transition towards a genuinely sustainable economy, in which no-one is left behind.

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