One thing we talk about more than COVID-19? Resilience.
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WRI DIGEST
Raising Climate Ambition in the Time of COVID-19
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Governments and international financial institutions are mobilizing trillions of dollars to address the COVID-19 crisis. Their first job is to stop the virus and protect communities from the immediate health and economic threats. Their second job can be summed up in three words: build back better. The European Council, South Korea and Indonesia are emerging leaders. Helen Mountford, WRI vice president for climate and economics, identifies COVID-19 recovery approaches that can create jobs, spur economic growth and boost resilience to climate change. Read More
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In the wake of COVID-19, we must identify recovery approaches that create jobs and economic growth, while building global resilience against climate change and other crises. Photo by HCC Public Information Office/Flickr.
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4 Investment Areas to Stimulate China’s Economy
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China was first country to be hit by the new coronavirus and is among the first to recover. Helen Ding and Wee Kean Fong highlight four parts of China’s economic recovery plan that can open the way for a better future—electric vehicle charging stations; renewable energy; 5G connectivity and smart grids; and greener, healthier cities. “All eyes are on China to set an example,” they write. “China has everything to gain by rebuilding its economy through smart, sustainable new infrastructure—and lots to lose if it relies on fossil fuel-driven growth.” Read more.
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Mapping Out a Resilient Recovery for India
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The IMF has slashed India’s growth forecast for 2020-21 to 1.9%, down from 5.8% in January. Worse, the ILO estimates that 400 million people are at risk of sinking deeper into poverty. WRI India lead economist Aman Srivastava offers five recommendations for India to address immediate challenges and build a more sustainable and resilient economy. Infrastructure and better support for India’s most vulnerable people—including a universal basic income—top the list. Read more
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Small but Mighty: Korea is Tackling COVID-19 and Climate Change
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All eyes may be on China, but don’t overlook South Korea’s response to COVID-19. By combining aggressive testing with early isolation and treatment, the country has prevented unmanageable spread. At the same time, South Korea has set a high standard on addressing climate change. After a landslide victory on April 15, the ruling party is set to follow through on a campaign proposal to reach net-zero by 2050, making South Korea the first country in Asia with a net-zero target. Joel Jaeger highlights how the country serves as an inspiration for countries around the world. Read more
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READ MORE EXPERT INSIGHTS
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UPCOMING EVENTS
Webinar: Limiting Temperature Rise to 1.5 Degrees: Roles for Investors, Companies, and Policymakers
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May 05, 2020
12:00 PM - 1:00 PM EDT
Online
Webinar: Build Back Better: Resilience of Vulnerable Populations and COVID-19
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May 07, 2020
9:00 AM - 10:00 AM EDT
Online
Science Based Targets Criteria for Financial Institutions - Summary of Stakeholder Feedback
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May 19, 2020
9:00 AM - 10:30 AM EDT
Online
Webinar: Integrated Ocean Management
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May 20, 2020
8:30 AM - 10:00 AM EDT
Online
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