Abstract
The Covid-19 outbreak generated an unprecedented drop in global CO2 emissions as a result of economic disruption and reduced demand for electricity and transportation. Similar to the 2008-9 global financial crisis, several scholars have put forward ideas for a Green New Deal and coordinated green fiscal stimulus that can simultaneously reduce economic hardship (especially for the most vulnerable segments of our societies) and address climate change concerns. During a global health and economic crisis of such proportions, there is a heightened risk that financing of low-carbon investment can fall victim to future budget cuts and reduced international aid. In addition, carbon-intensive travel, trade and tourism jointly contribute to both global warming and the rapid spread of pathogens across borders - forced behavioural changes (as a result of Covid-19 mobility and social contact restrictions) offer a unique opportunity for reflection of our unsustainable lifestyles.
| Original language | English |
|---|---|
| Title of host publication | COVID-19 and International Development |
| Editors | Elissaios Papyrakis |
| Publisher | Springer-Verlag |
| Chapter | 11 |
| Pages | 147-156 |
| Number of pages | 10 |
| Edition | 1 |
| ISBN (Electronic) | 978-3-030-82339-9 |
| ISBN (Print) | 978-3-030-82338-2 |
| DOIs | |
| Publication status | Published - 13 Jan 2022 |
Bibliographical note
Publisher Copyright:© The Author(s), under exclusive license to Springer Nature Switzerland AG 2022.