Reading: The COVID-19 Pandemic, Recession and Economic Policies

A reading by Carbon Brief explaining how countries around the world design economic policies for a ‘green recovery’ from the recession due to the COVID-19 pandemic, by reducing carbon emissions while boosting their economies.

Students will be introduced to terms such as green recovery, green stimulus, and quantitative easing, among others. Through use of the in-built interactive grid, they will also learn about the measures aimed at reducing carbon emissions – referred to as ‘green’ measures – for several major economies such as the United Kingdom, European Union, China, and India. Additionally, they will understand the application of monetary policy such as stimulus packages, unconditional bailouts, grants, loans, and tax reliefs for a post-pandemic green economic recovery.

Use this tool to help your students find answers to: 

  1. What does ‘green recovery’ mean in the context of post-pandemic economic policies?
  2. What are some of the economic stimulus packages designed by governments for a ‘green recovery’ from the COVID-19 pandemic?
  3. What could be the impact of ‘green recovery’ economic policies for climate mitigation?

About the tool

Tool NameCoronavirus: Tracking how the world’s ‘green recovery’ plans aim to cut emissions 
DisciplineEconomics
Topic(s) in DisciplineEnvironmental Economics, Green Recovery, Carbon Emissions, Stimulus Packages, Carbon Taxes, Quantitative Easing, COVID-19 Pandemic and the Economy, Economic Recovery, Economic Policy
Climate Topic Policies, Politics and Environmental Governance; Energy, Economics and Climate Change; Climate Mitigation and Adaptation
Type of tool Reading
Grade LevelUndergraduate
LocationGlobal, USA, Poland, Canada, Sweden, Norway, Chile, Colombia, Ireland, Spain, Italy, New Zealand, France, Nigeria, Finland, United Kingdom, China, India, Denmark, European Union, South Korea, Germany
LanguageEnglish 
Translation
Developed bySimon Evans and Josh Gabbatiss, Carbon Brief
Hosted atCarbon Brief Website
Linkhttps://www.carbonbrief.org/coronavirus-tracking-how-the-worlds-green-recovery-plans-aim-to-cut-emissions
AccessOnline
Computer SkillsBasic
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