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Covid-19, climate change, and the environment: a sustainable, inclusive, and resilient global recovery

Stern, Nicholas, Patel, I. G. and Ward, Bob (2021) Covid-19, climate change, and the environment: a sustainable, inclusive, and resilient global recovery. BMJ (Clinical research ed.), 375. ISSN 1756-1833

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Identification Number: 10.1136/bmj.n2405

Abstract

We are at a critical moment in history, facing growing crises in climate change, biodiversity, and environmental degradation—as well as covid-19. But we also have an enormous opportunity to transform the global economy and usher in an era of greater wellbeing and prosperity, write Nick Stern and Bob WardThe covid-19 pandemic has shown how vulnerable and exposed the world is to global threats. The effects of the disease and the measures that have been taken to control it have had serious consequences for lives and livelihoods. In addition to the tragic toll of illness and death, economies have been hit hard, particularly in developing countries.Continuing to tackle the disease must be the priority, particularly by ensuring access to vaccines and treatments in all countries. Rich countries have a critical responsibility not just to safeguard their own populations but to support the distribution of vaccines to developing countries.Every country will remain potentially exposed and vulnerable to the SARS-CoV-2 virus as long as it is able to spread rapidly through unvaccinated populations in any part of the world. Common humanity and self-interest point in the same direction.Governments have tried to limit and reverse the economic damage through rescue and recovery packages. The rescue efforts have understandably focused on protecting existing jobs and companies, but recovery offers the chance to accelerate the transition towards a more inclusive, sustainable, and resilient form of economic development and growth.A report prepared at the request of the British prime minister, Boris Johnson, for the G7 Leaders’ Summit in Carbis Bay, Cornwall, in June 2021 laid out the case for an investment led recovery from the pandemic.1 It pointed out that an increase in annual investment of $1tn (£0.7tn; €0.9tn), equivalent to 2% of the collective national output, across the G7 countries …

Item Type: Article
Official URL: https://www.bmj.com/
Additional Information: © 2021 BMJ Publishing Group Ltd
Divisions: Economics
Sociology
Grantham Research Institute
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences
R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Date Deposited: 25 Nov 2021 12:57
Last Modified: 02 Dec 2021 09:36
URI: http://eprints.lse.ac.uk/id/eprint/112694

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