Recovery package | Country | Green measures | References | |
---|---|---|---|---|
Yes | No | |||
Approx. USD 510 billion relief packages | China | • No strong focus on construction projects that could lead to a spike of CO2 emissions • Construction of additional battery-charging and swapping facilities • Promotion of wider use of electric and other clean energy automobiles • Promotion of cleaner and more efficient use of coal • Development of renewable energy • Improvement of systems for the production, supply, and sale of oil, natural gas, and electricity | • Investments in the fossil fuel sectors • Cancellation of civil aviation development fund contributions • Reduction of electricity prices for general industrial and commercial businesses | |
Approx. USD 2.16 trillion stimulus package | European Union | • Support of modernization through policies that include research and innovation, among others, via fair climate transition • 30% of the funds for combating climate change • Commitment to propose a carbon border adjustment mechanism • Review of the EU Emissions Trading System |  | [39] |
USD 70.5 billion nationwide economic recovery plan | Russia | One of the main orientations of the plan is sustainable economic growth, but the details have not yet been made public | Tax measures, loans, and government reliefs to support the most affected by the pandemic areas, among which are carbon-intensive industries | |
Almost USD 4 trillion, government total support and USD 1.3 trillion as a new package | USA | • Significant investment in solar, wind, and energy storage, grid modernization • Phase-down of the use of hydrofluorocarbons • Weather-proofing of low-income households • Expansion of carbon capture and storage • Improvement of energy efficiency of schools and federal buildings | • USD 58 billion to support the national aviation industry | |
1.1 trillion USD a fiscal stimulus package and a new USD 708 billion economic stimulus package | Japan | New package includes spending and initiatives aiming to reduce carbon emissions, including promotion of carbon neutrality, by 2050 | Â | |
Approx. USD 157 billion stimulus program | Germany | • Promotion of hydrogen technology • Grants to reduce the surcharge levied on electricity consumers Increased investment in the carbon building renovation program • A higher target for expanding offshore wind power • Cancelling of the cap on solar power expansion |  | [47] |
Up to USD 27 billion in direct support to workers and businesses and up to $750 million for a new Emissions Reduction Fund | Canada | New Emissions Reduction Fund to support workers and reduce emissions in Canada’s oil and gas sector, with a focus on methane |  | [48] |