About this Discussion

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.

Green Recovery from COVID-19

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Stephani Widorini commented on Green Growth Knowledge Partnership's Event in Green Recovery from COVID-19
Global Green Growth Institute(GGGI), Green Growth Knowledge Partnership(GGKP), United Nations Institute for Training and Research(UNITAR)

In this #GGKPwebinar, experts discuss the role education and learning can play in a successful long-term green recovery. This webinar formally launched the Green Learning Network (GLN) – a collaborative space where education and training professionals can share and access green learning resources and events, collaborate, and learn from each other. Read More

Maria Dumpert commented on Suyu Liu's Post in Green Recovery from COVID-19

Supporting the Global Response to the COVID-19 Pandemic: Land-based Solutions for Healthy People and a Healthy Planet

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https://www.unccd.int/publications/supporting-global-response-covid-19-pandemic-land-based-solutions...

The World Meteorological Organization reports GHG emissions in the atmosphere continue to reach record levels despite COVID-19 lockdowns. Find out more on the latest WMO Greenhouse Gas Bulletin.

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https://library.wmo.int/index.php?lvl=notice_display&id=21795#.X7_bF2hKiUk

A GREAT new database highlights examples where city, state, and national leaders are making COVID-19 recovery plans in ways that could also produce benefits in racial, gender, and economic equity and in climate change mitigation and resilience.
Check out this Green, Resilient, and Equitable Actions for Transformation (GREAT) database!

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https://www.climateinteractive.org/ci-topics/multisolving/great/

The Benefits and Costs of Decarbonizing Costa Rica's Economy: Informing the Implementation of Costa Rica's National Decarbonization Plan under Uncertainty

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https://publications.iadb.org/en/benefits-and-costs-decarbonizing-costa-ricas-economy-informing-impl...

The G20 Debt Plan Does Not Go Far Enough

Developing countries can emerge from the COVID-19 crisis and be prepared to pursue a green path to future prosperity only if their creditors adapt to the post-pandemic world. A bolder new debt-relief initiative rooted in global solidarity can help to reverse the recent increase in poverty worldwide, reduce damaging inequalities, and save our planet for future generations.

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https://www.project-syndicate.org/commentary/g20-new-debt-initiative-inclusive-green-recovery-by-sha...

Paris Peace Forum Rethinks Multilateralism to Build Back Better

The third edition of the Paris Peace Forum brought together heads of state and international organizations and representatives from local and national governments, civil society, youth, the private sector, philanthropy, academia, and other stakeholders to work on the collective response to the COVID-19 pandemic and consider ways to improve resilience and rebuild a more sustainable world.

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http://sdg.iisd.org/news/paris-peace-forum-rethinks-multilateralism-to-build-back-better/

Beyond the Numbers: Why the World Needs a More Ambitious MDB Response to COVID-19

'for the next five years the world will need to rely on the financing power of the MDBs, institutions that were created with the express purpose of accelerating development progress and which are uniquely placed to help developing countries mitigate the worst effects of this crisis. This is particularly the case for low-income countries, which have the smallest pool of domestic resources and the most limited access to financial markets'.

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https://www.cgdev.org/blog/beyond-numbers-why-world-needs-more-ambitious-mdb-response-covid-19

Democracies that failed the Covid test will struggle on climate change

Efforts to address both issues are hampered by externalities and behavioural biases

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https://www.ft.com/content/794eda4e-8195-4263-9ccd-8b87fcb74440

PAGE announces its first recipients of green recovery funds for five partner countries — Senegal, Argentina, South Africa, Brazil (Mato Grosso), and Thailand. These proposed efforts for green economic recovery include key themes across waste management, support to Small and Medium Enterprises, youth entrepreneurship, circular economy, sustainable finance for Family Agriculture and green jobs policy development.

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https://www.un-page.org/First%20Recipients%20of%20Green%20Recovery%20Funds