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With alarming speed, COVID-19 has infected tens of millions of people worldwide and killed more than one million. It has impacted economies and changed people's lives, particularly the poor and vulnerable who are already disproportionately impacted by climate change and other environmental, social, and economic risks.
The virus has also become central to national policy and has halted business operations in ways that were unimaginable. The economic impacts of these efforts are likely to be felt for years to come.
In addition to responses from government leaders, who are calling for support to cope with the twin crises of public health and rebuilding economies in sustainable and resource-efficient ways, industry and finance stakeholders also have important roles. This includes generating innovative solutions for diversifying production portfolios, building business capacities for sustaining growth, and aligning institutional investors’ fiduciary duties and stewardship practices with long-term decision-making and sustainable value creation.
Created an Event in Green Recovery from COVID-19
Created a Post in Climate Change, Green Recovery from COVID-19
Happening now - "Resilient Recovery Series: How Can We Turn Climate Goals into Climate Action?" with Marc Sadler, Practice Manager of the Climate Funds Management unit at the World Bank
Created an Event in GO4SDGs, Fifth session of the United Nations Environment Assembly (UNEA-5), Green Recovery from COVID-19, Cities and Urban Development
COVID-19 is a stark reminder that planetary health and human health are interconnected, and that economies can only thrive on a healthy planet. Linking financial instruments with national sustainability commitments could support a Green and Resilient Recovery
Created an Event in Green Recovery from COVID-19, Industry and Entrepreneurship
Created a Post in Climate Change, Green Recovery from COVID-19, Industry and Entrepreneurship
"Ngozi Okonjo-Iweala has much loftier goals for the WTO... When asked about the link between climate change and trade, she said that policymakers should consider policies to address the climate implications of the logistics conducting trade—namely, how goods are transported—as well as the carbon-content of traded goods themselves. In particular, she calls for a carbon tax, which she said 'could be seen by finance ministers as another way of bringing in additional revenue whilst encouraging better economic behavior with respect to climate change.'”
Created a Post in Green Recovery from COVID-19
OECD's 20th International Economic Forum for Africa will kick off this month with a huge discussion on the sustainable recovery in Africa: let's find out how to pitch in.
Created a Post in Sustainable Finance, Blue Economy, Green Recovery from COVID-19
Many SIDS are unable to access official development assistance and international capital markets due to their size, lack of creditworthiness, or high debt levels. As they work to recover from the pandemic, they are tapping into new, innovative financing mechanisms to draw in impact investment and private sector financing.
The latest version of the Greenness of Stimulus Index has been published (5th edition)
4 Reasons to Prioritise Electric Vehicles After COVID-19