COVID-19 is killing people and setting our economies on fire. While the world is saving lives and fighting the fire, a lurking question is how we are going to rebuild our economies when the pandemic is under some form of control. Should we build back our old economic “house” that has contributed to the spread of new diseases in the first place?
COVID-19 has quickly developed from a global health crisis into a severe economic one. But this may be an opportunity to restructure our economies and channel funds into green investments.
Tasked with managing funds related to environmental protection and conservation, Indonesia’s Environmental Fund Management Agency provides a unique financing mechanism to help meet the country’s climate goals.
Tools and Initiatives
As governments around the world earmark billions of dollars in unprecedented stimulus packages and ask whether it will be enough to avoid a long and difficult recession, another important question comes to mind: how can we ensure these stimulus packages include targets on environmental performance, social cohesion, and economic governance?
A group of Lund University researchers revisited assessments of policy initiatives from last decade’s global economic meltdown to see which will work – and which will not – to help transition to a green economy in a post-coronavirus world.
Balanced inclusive green growth (BIGG) that harmonizes social, environmental and economic aspects is the right formula towards achieving sustainable development and building resilience in the face of pandemics, climate change and long-standing global challenges like poverty.
The post-COVID-19 reconstruction phase should be centred around the green economy, the concept of which enables economic growth and investment while increasing environmental quality and social inclusiveness. A key aspect of the green economy is that it reduces water-energy-food nexus pressures.
COVID-19 has struck at the core of global value chains hub regions, including China, Europe and the US. The pandemic has severe implications for international production networks and may leave its legacy for years to come. This opinion piece is part of a series of articles by UNIDO's Department of Policy Research and Statistics.
The United Nations Environment Programme (UNEP) stands in solidarity with the billions of people around the world that are suffering the impact of the global pandemic of COVID-19.
Find out how these low-tech, low-emission devices are salvaging food losses in the marketplace during the coronavirus pandemic and propping up agro-value chains across the continent.