Project Syndicate Autumn 2020: The Green Recovery

By upending markets, work arrangements, supply chains, and public perceptions of risk, the COVID-19 pandemic has permanently changed the world in countless ways. The Green Recovery focuses on what comes next, with an emphasis on biodiversity, energy, public investments, and financial and corporate governance. The recovery phase will bring far-reaching opportunities to accelerate the transition to renewable energies, reorient business and finance toward sustainable development, and reconsider our relationship with the planet. But it will also open a window for populists, nationalists, and others to exploit public anxieties and pursue zero-sum politics. The Inter-Governmental Panel on Climate Change has warned that averting the worst-case climate scenario will depend entirely on the actions taken (or not taken) in the 2020s. The stakes could not be higher.

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