COVID-19: navigating sustainability risks in the pandemic
The Misum article, Sustainability, Covid-19 and keeping focused on the longer term explores the negative consequences of social distancing, lockdowns of economies and related governmental responses to the health crisis. It argues that a more holistic picture must be kept in mind when navigating out of the crisis.
The authors emphasize two main ways through which Covid-19 poses challenges to the development of more sustainable markets. The first channel is centered around the amplification of social inequalities while the second focuses on detrimental effects on strategic, long-term investments into sustainability by firms and governments. This short article assesses the impact of Covid-19 on the global Sustainable Development Goals (SDGs) and discusses the likely long-term consequences, offering examples of controls that can help withstand the worst impacts.
