- The novel coronavirus has brought the world to a halt, but the environment is benefitting in a big way.
- In an attempt to decrease the rapid spread of COVID-19, economic activity has been hugely limited, resulting in a decline in CO2 emissions, said World Meteorological Department(WMO).
- WMO said that cuts in emissions dosen't mean that the world must stop its fight against climate change.
- Countries practising extreme lockdowns, like Italy and China, have seen the biggest decline.
- The CO2 data shows that the world typically sees an increase in CO2 emissions in the colder months in the Northern Hemisphere. However, this year has been different.
- “We are noticing an interesting development, as CO2 levels are currently increasing at a much slower rate than expected”.
- Though social distancing has been difficult, it has a massively positive impact on CO2 emissions.
Financial Crises Financial crises is the decline of the nominal value Can be categorised as currency sudden stop crises, and debt and banking crises Directly affects the banking and financial sector Economic Crises Economic crises is the downturn of the entire economy including business and household sectors Can be categorised as credit crises, financial crises, fiscal crises, currency crises and, hyperinflation Directly affects the economic activities in the entire economy
Hii sophiya .... Thanx for the well thoughtout post .
ReplyDeleteVery good article
This is the first time i have commented on someone's blog
It has taken me out of my comfort zone
Growth !!!!!!!🤟
A lot to learn..Working on that btw thanx for commenting.
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