Other OECD policy briefs examine the role of environmental health in strengthening resilience to pandemics (OECD, 2020) and COVID-19 and the low-carbon transition (OECD, forthcoming).Ī more resilient economy depends on a shift to sustainable practicesĢ. At the heart of this approach is the transition to more inclusive, more resilient societies with net-zero GHG emissions and much reduced impacts on nature. This means triggering investments and societal changes that will both reduce the likelihood of future shocks and improve our resilience to those shocks when they do occur, whether from disease or environmental degradation. not only getting economies and livelihoods back on their feet quickly, but also safeguarding prosperity for the longer term. This policy brief examines how these stimulus packages can create a recovery that “builds back better”, i.e. As the health crisis gradually abates in some countries, attention is now turning to preparing stimulus measures for triggering economic recovery. Governments’ first priorities in tackling the COVID-19 pandemic have been to overcome the health emergency and to implement rapid economic rescue measures, the latter mostly aimed at providing essential liquidity and protecting livelihoods in the face of abrupt losses of income. In practice, well-designed recovery policies can cover several of these dimensions at once, such as catalysing the shift towards accessibility-based mobility systems, and investing in low-carbon and decentralised electricity systems.ġ. Other key dimensions for assessing whether recovery packages can “build back better” include alignment with long-term emission reduction goals, factoring in resilience to climate impacts, slowing biodiversity loss and increasing circularity of supply chains. Central to this approach is a focus on well-being and inclusiveness. Recovery policies also need to trigger investment and behavioural changes that will reduce the likelihood of future shocks and increase society’s resilience to them when they do occur. This means doing more than getting economies and livelihoods quickly back on their feet. To avoid this, economic recovery packages should be designed to “build back better”. Unchecked, global environmental emergencies such as climate change and biodiversity loss could cause social and economic damages far larger than those caused by COVID-19. Riccardo Tisci credited the punk era for the crinkled aesthetic, and to those new to embracing this wrinkled look, adopting a little bit of punk spirit is certainly a good first step.For the economic recovery from the COVID-19 crisis to be durable and resilient, a return to ‘business as usual’ and environmentally destructive investment patterns and activities must be avoided. This SS23 trend is just a tiny nod to the mood of the moment: women are no longer willing to erase uncomfortable truths.Įlsewhere, Balenciaga, Acne, JW Anderson, Versace and Dior all showed creases and crumples on the catwalk, while Burberry’s ‘goth on the beach’ show featured a crinkled négligée amongst its stand-out pieces. As women we are used to erasing these marks, minimising the signs of strain, of not being able to show our workings. The creases our clothes carry are marks of the tasks we’ve undertaken in them, the work we’ve done and the places we’ve worn them to. Life and humanity craft the clothes – not superficial embellishment, but traces of living, leaving marks.’ It is the authenticity of these marks that feels revolutionary because this is the life of a woman. Prada said: ‘There is a sense of the life of women.
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