How might the coronavirus pandemic lead to a ‘green’ economic recovery and what impact could this have on jobs? And how could the pandemic affect gender equality? Our round-up of provoking thoughts, penetrating insights and digital curiosities.
A ‘green’ economic recovery post-COVID-19…
The coronavirus pandemic could prompt governments worldwide to further cut carbon emissions as they plan their economic recoveries, according to the Thomson Reuters Foundation. A virtual summit on climate change, co-chaired by the UK and Germany, discussed how countries can tackle emissions by investing in energy-smart buildings, electric vehicles and other green initiatives as they put in place spending plans to restart economic growth.
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…could deliver greater returns
Such ‘green’ investment would create more jobs, deliver greater short-term returns and higher cost savings than traditional stimulus measures, according to a separate report. The coronavirus pandemic could mark a turning point in the fight against climate change, though the impact will depend on policy choices made by governments in the next six months, The Independent says, citing the report.
Read more: How impact investing feeds the engine for the sustainability era
How digitalisation is shaping manufacturing
While much of our work and social interaction moves online as a result of coronavirus, digital factories are already shaping the future of manufacturing, according to a report from PwC. Companies are increasingly implementing innovative technology and looking for employees with different skills, but the full benefits of digitalisation can only be realised when companies are connected in real-time to suppliers and key customers, it says.
Read more: 5G won’t help rural Americans shelter in place
Gender inequalities potentially magnified
The coronavirus pandemic risks magnifying existing inequalities between men and women, The Atlantic suggests. Women are more likely to lose income and to take on unpaid caring responsibilities for their families, and cases of domestic violence are expected to rise. However, there is also an opportunity for researchers and policymakers to take note of the way the genders are affected differently, and use this as a learning opportunity, it says.
Read more: Why gender equality and diversity could be a corporate requirement in future
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