In the past few months, improvement in labor market conditions stalled as the rate of infections sharply increased. In particular, jobs in the leisure and hospitality sector dropped over 1/2 million in December and a further 61,000 in January.
After all, such institutions are already active in the field, and further involvement could be encouraged. The European Fund for Strategic Investments (EFSI) is a prime example. Its extended version, EFSI 2.0, has a mandate to invest at least 40% of its 500 billion euros capacity in green investments. Such investments can be leveraged with private capital for an even bigger impact.