Building Back Better: How Big Are Green Spending Multipliers?

Building Back Better: How Big Are Green Spending Multipliers?

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This paper estimates multipliers for spending in clean energy and biodiversity conservation to help inform stimulus measures for a post-COVID-19 sustainable recovery. Using a new international dataset, part of which was especially assembled for this analysis, IMF finds that every dollar spent on key carbon-neutral or carbon-sink activities – from zero-emission power plants to the protection of wildlife and ecosystems – can generate more than a dollar’s worth of economic activity.

IMF | Building Back Better: How Big Are Green Spending Multipliers?