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Infrastructure
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== Coronavirus implications == The 2020 COVID-19 pandemic has only exacerbated the underfunding of infrastructure globally that has been accumulating for decades. The pandemic has increased unemployment and has widely disrupted the economy. This has serious impacts on households, businesses, and federal, state and local governments. This is especially detrimental to infrastructure because it is so dependent on funding from government agencies{{snd}}with state and local governments accounting for approximately 75% of spending on public infrastructure in the United States.<ref>{{Cite web|date=2016-02-22|title=It's Time for States to Invest in Infrastructure|url=https://www.cbpp.org/research/state-budget-and-tax/its-time-for-states-to-invest-in-infrastructure|access-date=2020-11-05|website=Center on Budget and Policy Priorities|language=en}}</ref> Governments are facing enormous decreases in revenue, economic downturns, overworked health systems, and hesitant workforces, resulting in huge budget deficits across the board. However, they must also scale up public investment to ensure successful reopening, boost growth and employment, and green their economies.<ref name=":1">{{cite book |last1=Allen |first1=Mr Richard I. |last2=Allen |first2=Richard |last3=Tandberg |first3=Eivind |title=How to Manage Public Investment During a Postcrisis Recovery |date=2021 |publisher=International Monetary Fund |isbn=978-1-5135-8441-6 }}{{pn|date=April 2024}}</ref> The unusually large scale of the packages needed for COVID-19 was accompanied by widespread calls for "greening" them to meet the dual goals of economic recovery and [[environmental sustainability]].<ref name=":11">{{cite report |type=Preprint |last1=Funke |first1=Katja |last2=Huang |first2=Guohua |last3=Eltokhy |first3=Khaled |last4=Kim |first4=Yujin |last5=Zinabou |first5=Genet |title=Monitoring the Climate Impact of Fiscal Policy - Lessons from Tracking the Covid-19 Response |date=2021 |ssrn=4026488 }}</ref> However, as of March 2021, only a small fraction of the G20 COVID-19 related fiscal measures was found to be climate friendly.<ref name=":11" />
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