Read time: 4 mins
By Leyla Larbi, Senior Campaigner for SumOfUs France.
Nobody’s sure what the future will look like once the coronavirus pandemic ends – but we do know that fossil fuels have no place in it. Unfortunately, that doesn’t seem to be a position the European Central Bank (ECB) agrees with.
Last week, the ECB announced a €600 billion increase to its bond-buying stimulus package, making a total of €1.7 trillion available to boost economies in the wake of Covid-19. With the right terms in place, this money could trigger a green industrial revolution that resets our economies on a path towards sustainable growth, and wean our industries off the fossil fuels that are driving us towards climate disaster.
