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Linking the SDGs with Covid-19 recovery: How can policy coherence be applied to ensure a sustainable recovery?
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Through a sustainable recovery from the COVID-19 crisis, governments have an unprecedented opportunity to steer transformations towards more resilient and sustainable economies and societies. Preliminary OECD estimates suggest that green recovery measures introduced by governments amount to about USD 312 billion. However, a sustainable recovery is not to be taken for granted. At domestic level, creating new jobs and relaunching economic activity is tied to stark policy trade-offs in terms of sustainability. Recent OECD analysis indicates that a number of governments are using the COVID-19 measures to roll back existing environmental regulations and taxes, and increase fossil-fuel intensive infrastructure. A sustainable recovery calls for enhancing policy coherence, and strengthening mechanisms and capacities to manage trade-offs and balance short and long-term policy choices. This is also essential to ensure that recovery measures do not come at the expense of progress towards the SDGs. This session will discuss lessons learned from the crisis on the need for enhancing policy coherence to effectively balance economic, social and environmental policy objectives, and explore options for linking SDGs with recovery plans.
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