Five lessons from COVID-19 for advancing climate change mitigation

Franziska Funke, Linus Mattauch, David Klenert and Brian O'Callaghan

INET Oxford Working Papers from Institute for New Economic Thinking at the Oxford Martin School, University of Oxford

Abstract: The nexus of COVID-19 and climate change has so far brought attention to short-term greenhouse gas (GHG) emissions reductions, public health responses and clean recovery stimulus packages. We take a more holistic approach, making five broad comparisons between the crises with five associated lessons for climate change mitigation policy. First, delay is costly. Second, policy design must overcome biases to human judgment. Third, inequality can be exacerbated without timely action. Fourth, global problems require multiple forms of international cooperation. Fifth, transparency of normative positions is needed to navigate value judgments at the science-policy interface. Learning from policy actions during the COVID-19 crisis could enhance efforts to reduce GHG emissions and prepare humanity for future crises.

Pages: 31 pages
Date: 2020-06
New Economics Papers: this item is included in nep-ene, nep-env, nep-hea and nep-isf
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Citations: View citations in EconPapers (14)

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Journal Article: Five Lessons from COVID-19 for Advancing Climate Change Mitigation (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:amz:wpaper:2020-16

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