• FluTrackers.com Inc. does not provide medical advice. Information on this web site is collected from various internet resources, and the FluTrackers board of directors makes no warranty to the safety, efficacy, correctness or completeness of the information posted on this site by any author or poster. The information collated here is for instructional and/or discussion purposes only and is NOT intended to diagnose or treat any disease, illness, or other medical condition. Every individual reader or poster should seek advice from their personal physician/healthcare practitioner before considering or using any interventions that are discussed on this website. By continuing to access this website you agree to consult your personal physican before using any interventions posted on this website, and you agree to hold harmless FluTrackers.com Inc., the board of directors, the members, and all authors and posters for any effects from use of any medication, supplement, vitamin or other substance, device, intervention, etc. mentioned in posts on this website, or other internet venues referenced in posts on this website.
  • We are not asking for any donations. Do not donate to any entity who says they are raising funds for us.

PLoS One . Global Socio-Economic Losses and Environmental Gains From the Coronavirus Pandemic

tetano

Editor, Senior Moderator
PLoS One


. 2020 Jul 9;15(7):e0235654.
doi: 10.1371/journal.pone.0235654. eCollection 2020.
Global Socio-Economic Losses and Environmental Gains From the Coronavirus Pandemic


Manfred Lenzen[SUP] 1 [/SUP], Mengyu Li[SUP] 1 [/SUP], Arunima Malik[SUP] 1 2 [/SUP], Francesco Pomponi[SUP] 3 [/SUP], Ya-Yen Sun[SUP] 4 [/SUP], Thomas Wiedmann[SUP] 5 [/SUP], Futu Faturay[SUP] 6 [/SUP], Jacob Fry[SUP] 1 7 [/SUP], Blanca Gallego[SUP] 8 [/SUP], Arne Geschke[SUP] 1 [/SUP], Jorge G?mez-Paredes[SUP] 9 10 [/SUP], Keiichiro Kanemoto[SUP] 7 [/SUP], Steven Kenway[SUP] 11 [/SUP], Keisuke Nansai[SUP] 1 12 [/SUP], Mikhail Prokopenko[SUP] 13 [/SUP], Takako Wakiyama[SUP] 1 [/SUP], Yafei Wang[SUP] 14 [/SUP], Moslem Yousefzadeh[SUP] 1 [/SUP]



Affiliations

Abstract

On 3 April 2020, the Director-General of the WHO stated: "[COVID-19] is much more than a health crisis. We are all aware of the profound social and economic consequences of the pandemic (WHO, 2020)". Such consequences are the result of counter-measures such as lockdowns, and world-wide reductions in production and consumption, amplified by cascading impacts through international supply chains. Using a global multi-regional macro-economic model, we capture direct and indirect spill-over effects in terms of social and economic losses, as well as environmental effects of the pandemic. Based on information as of May 2020, we show that global consumption losses amount to 3.8$tr, triggering significant job (147 million full-time equivalent) and income (2.1$tr) losses. Global atmospheric emissions are reduced by 2.5Gt of greenhouse gases, 0.6Mt of PM2.5, and 5.1Mt of SO2 and NOx. While Asia, Europe and the USA have been the most directly impacted regions, and transport and tourism the immediately hit sectors, the indirect effects transmitted along international supply chains are being felt across the entire world economy. These ripple effects highlight the intrinsic link between socio-economic and environmental dimensions, and emphasise the challenge of addressing unsustainable global patterns. How humanity reacts to this crisis will define the post-pandemic world.
 
Back
Top Bottom