COVID-19 is a global crisis that knows no borders, has impacted billions of lives, and has left no organization or economy untouched. It’s shown how systemic risks can have exponential repercussions — on health systems, sudden unemployment, supply chains, and the global economic outlook. Our preparation and resilience are being tested. The immense scale and diversity of the challenges sound very familiar to those who have long championed urgent action to avert catastrophic climate change and rapid nature loss. The difference with climate change is we know what the costs will be if we don’t act now.
That’s why we should look at our efforts to rebuild the post-pandemic world economy through the lens of action on climate change and nature loss. The global losses from climate change could total US$600 trillion by the end of the century. That will hit the global economy harder than the coronavirus. When it