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- The Global Green New Deal aims to stimulate economic recovery and create jobs, and simultaneously reduce carbon dependency, ecosystem degradation and water scarcity.
- Achieving these goals requires a commitment to global governance, especially by the world's richest countries, the Group of Twenty (G-20).
- The G-20's failure to coordinate a green stimulus package, however, limits their effectiveness in 'greening' the global economy.
- The G-20 should follow the lead of China and South Korea, whose policies reflect the belief that investments in clean technologies can have a major impact on growth, expand exports and create employment.