Positioning for a green recovery from COVID-19

Published onOctober 9, 2020

There have been over 30 million confirmed cases of COVID-19 globally, and the number of active cases has continued to rise. As part of the economic relief effort, governments have spent trillions of dollars to support households and businesses impacted directly or indirectly by the spread of the coronavirus. Although global active cases continue to increase, the combination of encouraging results from vaccine trials and the end of most government-imposed lockdowns have helped shift investor attention from relief to recovery. The global recovery from the economic cost of the pandemic will require further trillions of dollars of stimulus, it presents us with a unique opportunity. The improving economics of renewable power generation and the rise of electric vehicles and green hydrogen mean that more and more, it is possible to decouple economic growth and carbon emissions.

Source: https://investors-corner.bnpparibas-am.com/investing/positioning-for-a-green-recovery-from-covid-19/