The COVID-19 pandemic has resulted in the loss of hundreds of thousands of lives, while harming the socioeconomic livelihoods of many millions more. The IMF is predicting a contraction of the global economy up to 3%, a 6.3% swing from previous estimates. In response, significant economic stimuli designed to kick-start the global economy and help countries recover from the economic shock of COVID-19 are necessary. Whilst the size and shape of these packages are yet to be determined, it is understood that public and development finance have a crucial role to play.
This event aims to bring together international policymakers and experts for a discussion of how international cooperation around public and development finance can enable an inclusive global economic recovery and one that puts the world on a pathway to delivering the Paris Agreement. It will explore the ways in which all actors can work together to support a green and resilient global recovery which leaves no one behind.
This event is being held as a part of London Climate Action Week.