Whatâs Ahead in 2021? The 5 Factors That Will Set Our Course
The change in seasons marks the end of the year, a year that s seen the worst global crisis since World War II - the COVID-19 pandemic. This change also lets us turn to the future with renewed hope. The year ahead will be shaped by the global implementation of the
vaccine, countless political challenges, the economy s recovery, and major changes in the
climate and in
The vaccine, the sine qua non of 2021
Vaccinating the world s population will have a decisive impact everywhere. There will be multiple barriers in the vaccination process: approving the vaccine, how long it lasts, the population s willingness, and the geographical scope of distribution. These variables will play a key role in preventing the virus from continuing to spread.
Biden needs to respect free trade
Posted : 2021-01-06 16:40 By Kwack Eun-kyoung
The environment has already become a game changer in the economics of global trade with the Biden administration taking over in the United States. President-elect Biden has clearly stated his determination and promise to sign back into the Paris Agreement on his very first day of office.
It is so easy to expect that the Biden administration will be a new monitor and pioneer in relating economics to environmental issues. Unlike the outgoing Donald Trump, Biden has emphasized net zero ― reducing carbon emissions by the U.S. economy to zero by 2050.
The European Union has grand plans to address climate change – and to set new environmental standards for the world – through its Green New Deal. But it produces only 10% of the world’s greenhouse gas emissions. As such, it cannot act alone to fix the environment.
To realize its green ambitions, the EU intends to reach beyond its borders, to bring along countries including the United States and China. That is likely to require using its unmatched regulatory capability, say experts.
Why We Wrote This
The global effort to become carbon neutral may depend upon the adoption of uniform standards across borders. Europe is looking to set those standards, by using a carbon tax to export its vision to other nations.
Changing minds, changing ways
Food waste is not just an issue during the Christmas period. Even after the chocolate has been scoffed and our bellies are filled with mulled wine, scraps will still be left on plates and emptied into bins across the continent.
Condamine says it is important to look at the bigger picture. “This is like a circular vision of food production, and food waste is embedded in this, but it’s bigger, it’s about the whole sustainable food system.”
“I think the first thing we forget is that it’s about not wasting in the first place.”