Climate Change Actions Could Improve Post-Pandemic Global Economy

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  • climate change actions could boost the post-pandemic global economy, say experts
  • things may speed up once governments increase their spending in a post-covid-19 world

Investment in climate action and renewable energy will tackle the climate crisis and simultaneously generate employment in the economies battered by the pandemic says an article on CNBC.

Climate change actions

Combating climate change with the help of increased investment in policies and technologies could benefit the global economy, currently recovering from the ravages of the COVID-19 pandemic.

The only way to speed up

Charles Dumas, Chief Economist of TS Lombard, in a recent note, has stated that “the work done on controlling climate change is very often criticized for its slow pace. He added that things may speed up once governments increase their spending in a post-COVID-19 world”.

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Source: CNBC