CCPortal
DOI10.1038/s41893-024-01269-y
The impact of COVID-19 fiscal spending on climate change adaptation and resilience
发表日期2024
ISSN2398-9629
起始页码7
结束页码3
卷号7期号:3
英文摘要Government expenditure and taxation have a significant influence on the long-term adaptation and resilience of societies to climate and other environmental shocks. Unprecedented fiscal spending in the COVID-19 recovery offered an opportunity to systematically enhance adaptation and resilience to future shocks. But did the 'build back better' rhetoric manifest in more resilient policy? We develop a dedicated fiscal policy taxonomy for climate change adaptation and resilience (A&R)-the Climate Resilience and Adaptation Financing Taxonomy (CRAFT)-and apply this to analyse similar to 8,000 government policies across 88 countries. We find that US$279-334 billion (9.7-11.1%) of economic recovery spending potentially had direct A&R benefits. This positive spending is substantial in absolute terms but falls well below adaptation needs. Moreover, a notable portion (27.6-28%) of recovery spending may have had negative impacts on A&R, acting to lock in non-resilient infrastructure. We add a deep learning algorithm to consider A&R themes in associated COVID-19 policy documents. Compared with climate mitigation, A&R received only one-third of the spending and was mentioned only one-seventh as frequently in policy documents. These results suggest that the COVID-19 fiscal response missed many opportunities to advance climate A&R. We draw conclusions for how to better align fiscal policy with A&R.
语种英语
WOS研究方向Science & Technology - Other Topics ; Environmental Sciences & Ecology
WOS类目Green & Sustainable Science & Technology ; Environmental Sciences ; Environmental Studies
WOS记录号WOS:001155824900001
来源期刊NATURE SUSTAINABILITY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/288067
作者单位University of Oxford; University of Edinburgh; University of Oxford; University of Oxford
推荐引用方式
GB/T 7714
. The impact of COVID-19 fiscal spending on climate change adaptation and resilience[J],2024,7(3).
APA (2024).The impact of COVID-19 fiscal spending on climate change adaptation and resilience.NATURE SUSTAINABILITY,7(3).
MLA "The impact of COVID-19 fiscal spending on climate change adaptation and resilience".NATURE SUSTAINABILITY 7.3(2024).
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