Welcome to our latest Snippets newsletter.
In this edition of Snippets we look at how we can come out of the virus lockdown in a better place – globally and locally, with help from governments, business and nature.
We look at what the IMF and World bank suggest, with their understanding that the world must radically change its relationship with nature and work together as never seen before. This is backed up by a review of a paper in journal Nature Communications - that if we renege on commitments to the Paris Agreement, any respite we have seen from the virus crisis will only be temporary. Germany’s Angela Merkel understands this, and is showing the world a way forward that will help economic recovery from the virus, while keeping carbon emission reductions in mind.
Noted environmentalist David Suzuki sees the climate crisis as a threat orders of magnitude larger than the coronavirus, and says civil society needs to step up and demand governments deal with it by responding to the Covid-19 crisis in a different way. A letter from the SBN to our own government sets out a way to our own economic recovery with sustainability at the fore.
One area that needs consideration urgently around the world is flood protection. A new evaluation tool for flood prone areas will show how interventions may work, and we have articles on how mangroves, and architectural design for the longer term can both give economic benefits as well as flood protection.
We finish with articles on Microsoft’s Planetary computer that it’s building to protect biodiversity, and some corporate climate actions recently announced.
Keep safe and well.
At a recent “virtual” meeting of the World Bank and IMF, they identified that the current global shutdown is causing a huge economic downturn which will require the world to come together to deal with it. Economic recovery packages need to make us more resilient, and nature based solutions should be prioritised. Investment in both human and planetary health must be top of the list to achieve recovery and prosperity. The virus caught us all off guard, but we need to be prepared for another. Read more.....
A study has shown we should strengthen worldwide climate commitments to improve the global economy, making every country economically better off if all could agree to strengthen their climate emission commitments through international cooperation. On current emissions targets the global economy would lose out by as much as $600tn by the end of the century, compared with if countries meet their Paris goals. As with everything, early and quick action has firm benefits. So, as we come out of Covid 19, lets get cracking on improving where we live. Read more.....