Can the corona crisis become a catalyst for green technology?
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Photo from Dagens nyheter: Magnus Hallgren When economic conditions are weak, there is a risk that climate change measure are not prioritized. At the same time, interest in sustainable investments is now greater than ever. Can the corona crisis become a catalyst for green technology?
The world's politicians have many problems to solve at the same time. In the midst of the ongoing pandemic, there are climate change negotiations.
The International Energy Agency expects global emissions of greenhouse gases to decrease by eight percent in 2020 as a result of the corona crisis. But the effect is small if you consider that large parts of the world are at a complete standstill, says CNDS fellow Victor Galaz, Associate Professor and Deputy Director of the Stockholm Resilience Centre.
"The fact that people have stopped traveling, are staying at home and working remotely simply does not have that kind of effect. This is only temporary. In order to reduce emissions in the long run, we need to change the underlying systems and the heavy-polluting sectors," says Galaz.