In the post-COVID world, green economic recovery has garnered significant attention as a win-win strategy to avoid the worst risks of the climate crisis. Climate change is the defining crisis of our time caused by the heating of the planet due to the ever-increasing carbon emissions into the atmosphere. In the post-COVID era, we need a cohesive trifecta of national, regional, and global decarbonisation plans with transparent reporting, monitoring, and evaluation mechanisms. Lack thereof will vastly stymie development goals such as poverty alleviation, access to drinking water, electricity, and shelter in the emerging and developing economies, subsequently creating new multi-dimensional complications in every productive segment of our society. However, following a time-based multi-sectorial and multilateral plan eliminating carbon emissions may reverse and restore the climate change-induced damages on our lived environments.
In accordance with the Paris Agreement target; warming of the planet beyond 2°C (pre-industrial levels) will cause severe and irreversible environmental damages. The warming of the planet is caused due to Carbon’s propensity to hold heat for a longer duration; increasing global temperature irreversibly. This increase in global temperatures…