2021-2022 Trócaire Annual Report
Learn MoreGroup of children in the village of Kataboi, Turkana.
Building back better means investing in an economic recovery that tackles the climate emergency.
No war, recession, or previous pandemic has had such a dramatic impact on carbon emissions over the past century as COVID-19 has in just a few months. There is a unique opportunity to rebuild the global economy in a green and sustainable way.
Building back better post COVID-19 must be based on a just transformation that tackles the climate and biodiversity emergencies, and protects the planet from further harm. Climate change has already created an on-going food crisis that threatens the lives and livelihoods of millions of people.
Instead of supporting polluting sectors and fossil fuel industries, public recovery and bailout funds should be used to transition economies towards renewable energy sectors.
Now is the time for investments and policies to transition the economy and society in a way that will meet our commitments under the Paris Agreement and the SDGs.
“We are about to deploy enormous, gigantic fiscal stimulus and we can do it in a way that we tackle both crises at the same time… If our world is to come out of this crisis more resilient, we must do everything in our power to make it a green recovery.”
– Kristalina Georgieva, chief executive of the International Monetary Fund.