COVID-19: A Learning Opportunity to Improve Environmental Sustainability

Abstract

In just a few months, COVID-19 transformed from a dangerous regional health threat into a widespread global pandemic and economic disaster. Thus the world is expecting a great recession once again. The rapid spread of COVID-19 has had far-reaching consequences for people's daily lives in almost all parts of the world. Climate change and biodiversity depletion have now reached global boundaries; thus, human activity has surpassed Earth's capacities. Earth capacities can be explained in terms of extreme climate change. This chapter is intended to investigate the link between the outbreak of Covid-19 and its effect on environmental and society. The discussion reveals that environmental pollution is minimized as a result of global lockdown. Furthermore, our review also shows that in terms of environment, Covid-19 provide an opportunity to transform our polluted economy toward the green economy through adoption of renewable energy sources and green practices in our businesses.

COVID-19—A Black Swan for Foreign Direct Investment: Evidence from European Countries

“…FDI has been investigated under crises and shown to be highly impacted (Dorneana et al 2012;Popescu 2014); nevertheless, the COVID-19 situation brought more space to investigate and analyze as the crises started under the unprecedented situation of a lockdowns across almost all economies (Ajide and Osinubi 2020;Horobet et al 2020;Khan et al 2020;Bilal et al 2021;Czech et al 2020;Gigauri 2021). As the literature suggests, this study investigated the effects of COVID-19 cases and deaths on the FDI outflows of the targeted EU countries.…”

“…By the end of 2019, the main focus of researchers was the impact of COVID-19, which has already been studied in some perspectives, even related to FDI determinants (Horobet et al 2020;Khan et al 2020;Bilal et al 2021). The pandemic crisis generated by COVID-19 is a black swan event that has had a dramatic impact on the global economy, generating numerous threats for companies, but also business opportunities, determined by paradigm shifts that affect the activity of different entities on economic, social, and environmental levels.…”

“…The latest studies related to FDI flows and the COVID-19 period focus on the analysis of the impact of this crisis on the determinants and level of FDI flows. During the pandemic, developing and developed economies had to enforce lockdowns and social distancing measures, which had an immediate negative impact on supply chains and unbalanced all economies around the world (Khan et al 2020). Ajide and Osinubi (2020) studied FDI outflows during the COVID-19 pandemic, gathering preliminary empirical evidence.…”

Public Opinion on European Health Policy, Lessons from the COVID-19 Pandemic

“…However, all these measures reduced economic activity [27,28], transforming the health crisis into an economic crisis, too. Thus, this pandemic became both a widespread global pandemic and an economic disaster [29].…”