The document discusses several countries' responses to the economic crisis in 2008-2009 through fiscal stimulus packages. It notes that over $400 billion was spent globally on green stimulus measures. Specifically, Korea allocated 80% of its 2009 stimulus to green measures, and subsequently rebounded faster economically than the rest of the OECD. The document also provides an overview of China's response to the COVID-19 pandemic, the resulting slowdown in economic activity, and signs of recovery through measures like online businesses and infrastructure investment.

2. $400 BN+ SPENT ON GREEN STIMULUS IN 2008-2009
Robins, Clover, Singh (2009), Barbier (2010)
221
112
31
14 12 10 7 3 2 2 1 1 1
0
50
100
150
200
250
BillionsofUS$
Green Stimulus Spending in response to 2008-2009 crisis (US$
billion)

3. KOREA ALLOCATED 80% OF ITS 2009 STIMULUS TO GREEN
MEASURES
Robins, Clover, Singh (2009), Barbier (2010)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Green Stimulus as % of Total Fiscal Stimulus
in response to 2008-2009 crisis

4. KOREA REBOUNDED FASTER THAN REST OF OECD
OECD Statistics
-4%
-3%
-2%
-1%
0%
1%
2%
3%
4%
Q1-2008 Q2-2008 Q3-2008 Q4-2008 Q1-2009 Q2-2009 Q3-2009 Q4-2009 Q1-2010 Q2-2010
QuarterlyGDPGrowth
Republic of Korea OECD

5. Fang Li | Chief Representative, WRI Beijing Representative Office
COVID-19 Response and Recovery

6. CHINA: OUTBREAK SLOWS
Source: ThePaper;

7. YEAR-ON-YEAR CHANGE IN ECONOMIC ACTIVITY IN CHINA IN
JANUARY AND FEBRUARY 2020
Source: National Bureau of Statistics of China
Industrial output
Retail sales Investment in
fixed assets
-13.5%
-20.5%
-24.5%

8. ECONOMIC PRESSURE
Source: WeBank

9. ECONOMY RECOVERS
Source: WeBank
86.71%
By March 27th

10. NON-TOUCH OR LIGHT-TOUCH ECONOMIC GROWTH
Source: WeBank
Information
Services
Medical
Education
Entertainment
Logistic
s
Industrial robot

11. HIGHLIGHT: ONLINE BUSINESS
Source: WeBank
Online Working
increased by
537%
Online Education
increased by
169%

12. 5G Network Ultra High Voltage
Industrial Internet
Inter-city Transportation
New Energy Vehicle Charging Stations
Big Data
AI
CHINA’S NEW INFRASTRUCTURE

14. WHAT WILL CONGRESS DO NEXT?

15. RENEWABLE POWER & GRID UPGRADES

16. EVS & INFRASTRUCTURE

17. BUILDING EFFICIENCY,
ELECTRIFICATION &
RESILIENCE

18. TREE RESTORATION

19. FOR CITIES THE COVID-19 PANDEMIC IS:
Exposing existing fault lines in terms
of deficits in physical infrastructure and
inequalities in access to core services1

20. FOR CITIES THE COVID-19 PANDEMIC IS:
Showing the fragility of employment
and jobs that underpin urban
economies
2

21. Photo: Johnny Miller/ Unequal Scenes
FOR CITIES THE COVID-19 PANDEMIC IS:
Creating an enormous opportunity
to respond and recover more
inclusively and with greater
resilience to future shocks
3

22. Photo: Johnny Miller/ Unequal Scenes
Strong social and
fiscal safety nets
for informal &
low-wage workers
FOR CITIES THE COVID-19 PANDEMIC IS:
Creating an enormous
opportunity to respond and
recover more inclusively and
with greater resilience
3

23. Photo: Johnny Miller/ Unequal Scenes
Strong social and
fiscal safety nets
for informal &
low-wage workers
FOR CITIES THE COVID-19 PANDEMIC IS:
Creating an enormous
opportunity to respond and
recover more inclusively and
with greater resilience
3
Invest in resilient
infrastructure for
core services and
housing

24. Photo: Johnny Miller/ Unequal Scenes
Strong social and
fiscal safety nets
for informal &
low-wage workers
FOR CITIES THE COVID-19 PANDEMIC IS:
3
Invest in resilient
infrastructure for
core services and
housing
National-local
coordination for
response and
recovery
Creating an enormous
opportunity to respond and
recover more inclusively and
with greater resilience

25. Photo: Johnny Miller/ Unequal Scenes
Strong social and
fiscal safety nets
for informal &
low-wage workers
FOR CITIES THE COVID-19 PANDEMIC IS:
3
Invest in resilient
infrastructure for
core services and
housing
National-local
coordination for
response and
recovery
Targeted financial
support for
vulnerable
communities
Creating an enormous
opportunity to respond and
recover more inclusively and
with greater resilience

26. Photo: Johnny Miller/ Unequal Scenes
Strong social and
fiscal safety nets
for informal &
low-wage workers
FOR CITIES THE COVID-19 PANDEMIC IS:
3
Invest in resilient
infrastructure for
core services and
housing
National-local
coordination for
response and
recovery
Targeted financial
support for
vulnerable
communities
City and
neighborhood-
level data to
monitor risks
Creating an enormous
opportunity to respond and
recover more inclusively and
with greater resilience