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<\/param><\/param><\/param><\/embed><\/object><\/p>\nReuters\nMar 19, 2009<\/p>\n$750 billion “green” investment could revive economy: U.N.\nBy Alister Doyle, Environment Correspondent\u00a0<\/p>\nOSLO (Reuters) – Investments of $750 billion could create a “Green New Deal” to revive the world economy and protect the environment, perhaps aided by a tax on oil, the head of the U.N. environment agency said on Thursday.\u00a0<\/p>\nAchim Steiner said spending should focus on five environmental sectors including improved energy efficiency for buildings and solar or wind power to create jobs, curb poverty and fight climate change.\u00a0<\/p>\n“The opportunity must not be lost,” Steiner, head of the U.N. Environment Program (UNEP), told Reuters of a UNEP study that will be put to world leaders meeting in London on April 2 to work out how to spur the ailing economy.\u00a0<\/p>\nThe UNEP report said investments of one percent of global gross domestic product, or about $750 billion, could bankroll a “Global Green New Deal” inspired by the “New Deal” of U.S. President Franklin D. Roosevelt that helped end the depression of the 1930s.<\/p>\nArticle Continues<\/a><\/p>\n<\/p><\/div>\n<\/a>
Reuters\nMar 19, 2009<\/p>\n
$750 billion “green” investment could revive economy: U.N.\nBy Alister Doyle, Environment Correspondent\u00a0<\/p>\n
OSLO (Reuters) – Investments of $750 billion could create a “Green New Deal” to revive the world economy and protect the environment, perhaps aided by a tax on oil, the head of the U.N. environment agency said on Thursday.\u00a0<\/p>\n
Achim Steiner said spending should focus on five environmental sectors including improved energy efficiency for buildings and solar or wind power to create jobs, curb poverty and fight climate change.\u00a0<\/p>\n
“The opportunity must not be lost,” Steiner, head of the U.N. Environment Program (UNEP), told Reuters of a UNEP study that will be put to world leaders meeting in London on April 2 to work out how to spur the ailing economy.\u00a0<\/p>\n
The UNEP report said investments of one percent of global gross domestic product, or about $750 billion, could bankroll a “Global Green New Deal” inspired by the “New Deal” of U.S. President Franklin D. Roosevelt that helped end the depression of the 1930s.<\/p>\n
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