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 Andrew Pickens's Post in Natural Capital, Climate Change, Green Recovery from COVID-19

In the wake of World Environment Day, the Graduate Institute and UNEP have launched their new partnership, the Forum on Trade, Environment and the SDGs (TESS), to support dialogue and action on trade policies that advance environmental sustainability and the UN Sustainable Development Goals (SDGs).

Mandated to ‘connect, inform, analyse and empower’, the work of TESS combines public facing events and policy briefs; expert and stakeholder roundtables; and off-the-record consultations key to supporting international policymaking processes.

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https://tessforum.org/

How can emerging economies pursue green recoveries? Research in Brazil and Indonesia shows that transitioning to a low-carbon pathway can deliver jobs, economic & health benefits.

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https://www.wri.org/insights/how-emerging-economies-can-pursue-green-recoveries
d\carb - Future Economy Forum

Postgrowth and Degrowth: The (Im)possibility of Green Growth and its Alternatives Read More

As policymakers prepare for the CBD COP 15 (Kunming, 11-24 October 2021), Co-Chairs of the UNEP/International Resource Panel have published science-based principles to help them move beyond pledges and commitments.

The report features four principles to turn biodiversity loss into biodiversity value through Natural Resource Management:

- Know your true impact - Value-chain transparency
- Plan together - Integrated landscape planning
- Grow with nature - Nature-based and circular solutions
- Value nature - Recognize nature’s benefits

Those principles are also illustrated by a selection of case studies implemented successfully around the world.

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https://www.unep.org/resources/report/building-biodiversity-natural-resource-management-approach
https://www.youtube.com/watch?v=fHUajOH-4KA&feature=youtu.be

Infrastructure is key in many countries’ recoveries from COVID-19, but private financing in the sector only comprises around 0.7% of all debt and equity investments in emerging markets and developing economies. With approximately 75% of the infrastructure that will exist in 2050 not yet built, there is a clear opportunity for growth. What will it take to bring in private finance?

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https://www.devex.com/news/how-to-scale-private-finance-for-sustainable-infrastructure-99916
Maria Dumpert commented on Maria Dumpert's Post in Climate Change, Green Recovery from COVID-19

Climate Action Drivers Liberia's Economic Recovery - "Rather than seeing the pandemic as a reason to divert resources from climate action, we see it as a reason to increase our efforts, particularly given the high costs of inaction. While each identified ERP recommendation has an implementation cost, each also has much higher costs if we do not act. These may manifest as, for instance, higher long-term operation and maintenance costs, reduced agricultural productivity, or higher total energy costs." - Benedict Kolubah, Assistant Minister of Development Planning

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https://ndcpartnership.org/news/climate-action-drives-liberia%E2%80%99s-economic-recovery

"Take, make, dispose, repeat are four words that underpin every aspect of our daily lives. But at what cost to people, and our planet?"

Check out the latest episode of #TheGreenRenaissance: From Lines to Loops for a Circular Economy - out now! ⭕

With COVID-19 again highlighting the wastefulness of our economic model, how do we embrace circularity as part of a green recovery to deliver on multiple fronts?

This month Ellen MacArthur Foundation’s Miranda Schnitger, UNIDO’s Nilgün Tas and Centro Tecnológico del Plástico’s Paula Iharur have the answers!

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https://www.youtube.com/watch?v=7SBzgsSffpc

IFC report reveals how a green post-COVID recovery focused on decarbonizing energy infrastructure, building climate-smart cities, and accelerating a shift to more sustainable production can gain economic and climate benefits -
based on analysis from 10 key sectors across 21 major emerging market economies that represent 62% of the world's population and 48% of global GHG emissions.

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https://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/climate+business/...

Can we reboot economic activity while maintaining the current emissions trajectory caused by the COVID-19 lockdowns? This key question has been raised by CDP. This blog post explores five lessons learnt at the CDP Europe Awards 2021: (1) Ambitious decarbonisation is possible.
(2) Building forward better requires the most ambitious targets.
(3) Technology and innovation will be significant in transition to the low-carbon economy.
(4) The circular economy is an integral part of the agenda.
(5) Financial institutions need to drive the transition.

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https://www.cdp.net/en/articles/companies/5-lessons-from-the-cdp-europe-awards-2021

Clean energy is a growing economic engine for rural communities across the United States. In many regions, clean energy jobs are diversifying the rural economy and helping to transform areas that may otherwise struggle to attract jobs and investments or have been facing years of economic stagnation. This post visualises the relevant data into graphics to show the status of clean energy jobs in the rural parts of the US.

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https://www.wri.org/insights/clean-energy-jobs-rural-communities-us-5-graphics?utm_campaign=wridiges...