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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, Climate Change
Created a Post in Cities and Urban Development, Sustainable Finance, Green Recovery from COVID-19
One of the most overarching challenges of the pandemic has been public finance management. The pandemic and associated social restriction policies have lowered economic growth and the ability of Asian governments to finance social infrastructure. A greater quantity and diversity of financing is needed to improve the quality and inclusiveness of social infrastructure.
Created a Post in Green Recovery from COVID-19
The green recovery can serve the dual purpose of addressing the worsening issues of environmental degradation and existing inequalities. The green transition, and the deep transformation that this entails for our economic systems, can help to make our societies not only greener but also fairer.
Created a Post in Climate Change, Green Recovery from COVID-19, Natural Capital
Are we building back better?
Are we on track for a #GreenRecovery?
12 months ago, as the pandemic caused personal, social and economic devastation across the world, government leaders were quick to announce their plans to “build back better” as part of a green recovery.
At the time, we all listened. But were we too quick to take these statements at face value?
Join us on the latest episode of #TheGreenRenaissance podcast, as we ask four of the topics’ leading minds:
✓ What is at stake? ✓ Have countries really been building back better? ✓ How do we bridge the gap between commitments and actions? ✓ What is our green recovery action plan for the next 6-12 months?
Featuring Steven Stone (UN Environment Programme), Brian O’Callaghan (University of Oxford), Jean-Paul Adam (United Nations Economic Commission for Africa) and Katja Funke (International Monetary Fund).
Have a listen via the usual spots! ?
? Spotify: spoti.fi/31D2gDM ? Apple: apple.co/3we1E5n ? YouTube: bit.ly/3v2YK2m ⚫ Subscribe: bit.ly/3iMUJfi
Created a Post in Cities and Urban Development, Green Recovery from COVID-19
Municipal governments can play a crucial role to leading a strong, sustainable recovery from the COVID-19 pandemic and the fight against climate change, but where and how exactly can municipal actions have the greatest impact? Would love to hear your local government's actions towards a green recovery.
The bottlenecks which could constrain emission cuts
The green revolution risks running short of minerals, money and places to build
"Unless structural issues are addressed, this recovery will leave us with a world vastly more unequal & unfair than before COVID19."
Our latest blog "Recovering from COVID-19: If it isn’t fair and green, it won’t be sustainable" elaborates on what it takes to pivot away from the legacy of a linear, polluting, brown economy towards a greener, more equitable and more circular future.
The Secretariat of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) issued a scoping report for a thematic assessment of the underlying causes of biodiversity loss and the determinants of transformative change required to address it.
The scoping report highlights that the need for rapid transformative change, which it defines as a “fundamental, system-wide reorganization across technological, economic and social factors, including paradigms, goals and values,” became apparent during the COVID-19 pandemic.
Created a Post in Climate Change, Green Recovery from COVID-19
The Covid-19 pandemic continues to dominate headlines with distressing messages about the negative effects on health and the economy. But sometimes a positive message creeps through.
The long months of lockdown and reduced economic activity have reduced emissions of greenhouse gases and air pollutants. In many areas, improved air quality has been hailed as a key side benefit of the crisis.
But as economic activity picks up again, are lower pollution levels really the silver lining of the Covid pandemic?