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Pandemic stimulus spending and the fight against climate change
CEPR/EAERE Webinar on Climate Policy: Pandemic stimulus spending and the fight against climate changean online webinar of the CEPR Research and Policy Network on Climate Change.
Climate change is a long-term threat to human societies with expected huge impacts on health, economies and welfare. Somehow similar to a pandemic, but with more persistent and irreversible consequences. Even more than the fight against Covid-19, climate change control is a difficult and complex task, which requires well-designed policies and important financial resources. The post-pandemic recovery is an important opportunity if policies to address the current pandemic are and will be designed to achieve stronger, sustainable, and low carbon economic growth. The Covid-19 pandemic has indeed triggered the deepest global economic contraction since World War II. While most economies are expected to rebound in 2021-2022, the impact of the pandemic on many aspects of economy and emission drivers may last far longer. Therefore, a strong alignment of Covid-19 recovery packages with climate targets has the potential to address two important objectives: economic recovery and decarbonisation. This webinar will analyse these issues starting from lessons from past pandemics and then focusing on the implications of recovery plans for the fight against climate change.
Thursday, 10 June 2021
17:00 – 17: 05 – Introduction by Carlo Carraro (Ca’ Foscari University of Venice and CEPR)
17:05 – 17: 30 – In and Out of Pandemics: Sustainability Lessons from the Recent Past Massimo Tavoni (European Institute on Environmental Economics)
17:30 – 17:55 – Pandemic Stimulus Spending. A Glimpse into the (Green and Digital) Future Ioana Petrescu (Harvard Kennedy School)
17:55 – 18:15 – Moderated Discussion by Andrea Tilche (NTNU in Trondheim) and Danielle Arostegui (Environmental Defense Fund)
18:15 – 18:30 – Moderated Q&A