Green stimulus packages of select countries for post-COVID-19 recovery

Green stimulus packages of select countries for post-COVID-19 recovery (in billion dollars)*

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Release date

June 2020

Region

Worldwide

Survey time period

as of May 27, 2020

Supplementary notes

*Stimulus packages entail funding for the following initiatives for the countries outlined below:

France: Bailout for Air France-KLM SA with environmental conditions, plus money to promote cycling and electric vehicles.

China: Building new charging stations and other EV infrastructure, plus extending subsidies and tax exemptions for new energy vehicles.

U.K: Initiatives to promote cycling, walking, and other non combustion modes of transport, including a trial e-scooter rental program.

Canada: Creation of 10,000 jobs cleaning up abandoned wells and paying companies to reduce emissions.

Japan: Supporting the development of on-site renewable energy such as rooftop solar panels and mini-turbines.

South Korea: Subsidy for home solar arrays.

Italy: Green transportation vouchers to cover as much as 60 percent of the cost of bicycles, scooters, and cars for ride-sharing.

Switzerland: Additional funding for preexisting solar rebate program, aimed at meeting 2050 clean energy deadlines.

Pakistan: Hiring of newly unemployed for the 10 Billion Tree Tsunami drive to plant trees in rural areas.

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