COVID-19 has dramatically changed the socioeconomic context for clean energy transitions worldwide. Fiscal rescue and recovery measures that unaligned with a green, resilient, and just recovery will miss the historic opportunity to realign global economic and energy trajectories with the goals of the Paris Agreement. Given its potential to accelerate … Read more
Adequate infrastructure is key for economic development, along with macroeconomic stability and a long-term development strategy. The recent COVID-19 pandemic has pushed governments to prioritize economic recovery, and thus the fiscal space for allocating money for investment has been limited. Nevertheless, infrastructure should not be set aside. Post-pandemic, infrastructure investment … Read more
The COVID-19 pandemic has forced a trade-off between limiting its health impact and maintaining economic activity. Welfare economics offers tools to conceptualize this trade-off. We review four such tools: value of statistical life (VSL), value of statistical life years (VSLYs), quality-adjusted life-years (QALYs), and social welfare analysis. We find the … Read more
Universal health coverage (UHC) remains a major international challenge. However, most countries are not on track to achieve it by 2030, and those that are find these gains difficult to sustain. The situation calls for novel approaches on multiple fronts, including technology to improve efficiency, affordability, and access; innovative financing … Read more
This policy brief stresses the importance of diagnostics as effective first-line defenses against the transmission of pandemic diseases such as the coronavirus disease (COVID-19). National governments cannot always be relied upon to ensure timely access to diagnostics during a pandemic. Hence, we propose the creation of a global coordinating platform … Read more
As low-income countries (LICs) need assistance to manage the effects of the COVID-19 crisis, the G20 can play an important role in providing short-term liquidity with a suspension of debt service payments and debt relief. However, debt relief should be bound to reforms, and LICs bear part of the responsibility … Read more
The COVID-19 pandemic has caused the postponement of the strategic reviews that major central banks were planning to use to redraw their policies and move toward a “new normal” that incorporated the lessons of their unconventional reactions to the Great Financial Crisis. Subsequently, these new exceptional times require new extraordinary … Read more
There is an urgent need for collective action to improve key aspects of our global health that can be realized only by addressing the global systemic and structural health inequities that impose significant social, economic, and inter-generational costs. Health disparities have continued to increase within and across countries, regions, and … Read more
The central role of transport has been brought to the forefront due to the COVID-19 pandemic, and this in turn has translated into impacts across multiple sustainable development goals (SDGs). Major challenges include the impact of COVID-19 on consumer behavior and urban mobility, availability of finances, and slow progress on … Read more
Governments worldwide have pledged trillions of dollars for economic recovery from the crisis triggered by the COVID-19 pandemic. Without a targeted approach, these recovery programs can lead to a lock-in of high-carbon technologies. This would block the transformation toward climate neutrality that is necessary to prevent a climate crisis. The … Read more
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