Wednesday, July 15, 2026

World-first systematic review shows positive economic outcomes in green government spending

In 2020, natural gas was trading at its lowest price in more than 30 years. This winter, many people will struggle to warm their homes. In response, some governments are considering ploughing taxpayer funds into fossil fuel extraction, reversing course on recent climate progress.
A new Oxford report reveals green government investments are demonstrably superior to dirty investment options; they can be faster, create more jobs and boost economic growth.
Brian O’Callaghan, lead author and head of the Oxford University Economic Recovery Project, asserts that green investment makes more economic sense and helps bolster energy security, he says, ‘We suggest, if governments are going to spend, green energy makes a far smarter investment than fossil fuel.’

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

NBE lifts credit cap, raises policy rate

By Muluken Yewondwossen The National Bank of Ethiopia (NBE) has...

Why this energy shock is different

The Gulf ceasefire lasted barely three weeks. After Iranian...

The partnership that will shape Ethiopia’s future

Ethiopia is currently experiencing a moment of change. Its...

Role of ethics and technology in building efficient and trustworthy tax system

An effective tax system is the backbone of government...
spot_img

Related Articles

Popular Categories

spot_imgspot_img