The COVID-19 pandemic has led many countries to initiate unprecedented economic recovery packages. G20 policy makers tackling the health crisis, which is far from over, have also been encouraged to prioritise strategies which help to mitigate another looming crisis of climate change. Among the policy interventions that support climate change mitigation, promoting investments in labour intensive green infrastructure, establishing a private financing catalysing facility, and designing ambitious carbon pricing schemes are found to boost economic recovery in the short and medium-term. In this sense, this policy brief recommends that ministries of finance, energy, and  economy accelerate the deployment of these three risk mitigation mechanisms as part of stimulus packages to achieve long-term sustainability goals.