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The COVID-19 Pandemic, Recession and Economic Policies

Reading

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 is the role of the biosphere in determining the climate of planet Earth?
  3. What could be the impact of ‘green recovery’ economic policies for climate mitigation?
About Tool
Tool Name Coronavirus: Tracking how the world’s ‘green recovery’ plans aim to cut emissions
Discipline Economics 
Topic(s) in Discipline Environmental Economics, Green Recovery, Carbon Emissions, Stimulus Packages, Carbon Taxes, Quantitative Easing, COVID-19 Pandemic and the Economy, Market Failure, Economic Recovery, Economic Policy
Climate Topic Policy, Politics and Environmental Governance, Climate Mitigation and Adaptation, Climate Economics
Type of tool Reading 
Grade Level Undergraduate
Location Global, North America, Europe, Africa, Asia, Oceania, United States, Poland, Canada, Sweden, Norway, Chile, Colombia, Ireland, Spain, Italy, New Zealand, France, Nigeria, Finland, United Kingdom, China, India, Denmark, European Union, South Korea, Germany
Language English
Translation      –
Developed by Simon Evans and Josh Gabbatiss, Carbon Brief 
Hosted at Carbon Brief Website
Link
Access Online
Computer Skills Basic

Mapped Sustainable Development Goal(s), apart from 4 and 13

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