Effects of Covid on Co2 Reduction and Climate Change

Effects of Covid on Co2 Reduction and Climate Change

Najma Sadiq, Ume Laila, Tahir Mehmood, Muhammad Fahad Shoaib

Soon after the surge of Covid-19, the world got into a state of lockdown and everything was halted. There was great reduction in movement of the people both local and international. Less traffic, both air and road, was a rare sight and industrial production was reduced to a great number, as work from home was encouraged. All these factors contributed to steep decline of the carbon and nitrogen emissions. But now as the activities partially resume and governments all around the globe are introducing relief packages for the economy, it is feared that during all this the climate change may be neglected and such decisions may be taken that may impact climate change in severest way. In this paper we discuss how COVID-19 has decrease the climate change temporarily but it may bounce back once the economic activities resume as usual and how governments can take decisions to stabilize the economy while keeping in mind the climate change mitigation.

2020

climate change, covid-19, World Health Organization;, economic impacts

10.26710/jafee.v6i4.1444

Journal of Accounting and Finance in Emerging Economies

CSRC Publishing

Finance