G7 countries should invest $1 trillion per year for a strong and sustainable economic recovery from pandemic
G7 countries should invest $1 trillion per year for a strong and sustainable economic recovery from pandemic Press release on 10 May, 2021 LONDON 10 MAY 2021 The G7 countries should collectively invest about $1 trillion each year over the next decade to ensure their economies recover fully from the COVID-19 pandemic and to make the transition to sustainable, inclusive and resilient growth, according to a new report that was requested by the UK Prime Minister ahead of the G7 Leaders’ Summit in June 2021. The independent report, published today (10 May 2021), on ‘ G7 leadership for sustainable, resilient and inclusive economic recovery and growth ’ has been prepared by Professor Lord Nicholas Stern, I.G. Patel Professor of Economics and Government at the London School of Economics and Political Science (LSE), with a team from the LSE. The report calls for the G7 countries (Canada, France, Germany, Italy, Japan, United Kingdom, and United States) “to lead a globally coordinate...