Tenth of pandemic stimulus spend could help world reach climate goals - study

The world could get on track to avert catastrophic climate change by investing a tenth of a planned $12 trillion in pandemic recovery packages in reducing dependence on fossil fuels, according to a study published on Thursday. The world could start to bring the Paris Agreement 1.5°C temperature target within reach if governments used 10% of the planned stimulus to back climate-friendly projects such as renewable energy or energy efficiency every year for the next five years, according to the paper, published in the journal Science.