This note is part of a series looking at climate change and biodiversity considerations in economic responses to COVID-19.
It argues that governments should use three complementary strategies to align their bailout packages:
- Governments should clearly set out any commitments they expect firms receiving assistance to uphold.
- Governments should ensure the strength of those commitments (i.e. the benefits to the public) are commensurate to the public support being provided (i.e. the costs to the public).
- Governments should consider medium and long term ecological transition and physical risks when deciding the scale and duration of support.