The COVID-19 pandemic is first and foremost a human tragedy, infecting more than 120,000 and killing more than 4,200 people as of March 12, 2020. The loss of human life is heart-breaking and set to continue ticking upwards.
The virus has also hit society like a global tsunami, disrupting travel, cutting off communities, shuttering factories and shaking up economic markets. The global manufacturing sector has suffered its worst contraction since the 2009 recession. Goldman Sachs forecasts zero earnings growth for U.S. companies, while airlines and cruise lines are reeling as people opt to stay home.
Unsurprisingly this major global disruption is leading to lower energy demand, which in turn reduces global greenhouse gas emissions. China’s industrial output has dropped 15% to 40% since the crisis began, leading to a roughly 25% drop in emissions over that same period.
Tiếp tục đọc “Responding to Coronavirus: Low-carbon Investments Can Help Economies Recover”
CVD 