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Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries
The COVID-19 pandemic caused profound impacts on the global economy, resulting in a sharp drop in carbon emissions as energy demand fell. The emissions reduction due to past extreme events often follows with a rebound after the economy recovers, but the pandemic’s impacts on the long-term carbon emi...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Springer Berlin Heidelberg
2023
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10024307/ https://www.ncbi.nlm.nih.gov/pubmed/37359167 http://dx.doi.org/10.1007/s10098-023-02508-0 |
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author | Hoy, Zheng Xuan Leong, Ji Fong Woon, Kok Sin |
author_facet | Hoy, Zheng Xuan Leong, Ji Fong Woon, Kok Sin |
author_sort | Hoy, Zheng Xuan |
collection | PubMed |
description | The COVID-19 pandemic caused profound impacts on the global economy, resulting in a sharp drop in carbon emissions as energy demand fell. The emissions reduction due to past extreme events often follows with a rebound after the economy recovers, but the pandemic’s impacts on the long-term carbon emissions trend remain unknown. This study forecasts the carbon emissions of Group of Seven (G7) as developed countries and Emerging Seven (E7) as developing countries using socioeconomic indicators and artificial intelligence-powered predictive analytics to assess the pandemic’s impacts on the long-term carbon trajectory curve and their progress toward achieving the Paris Agreement goals. Most E7’s carbon emissions have strong positive correlations (> 0.8) with the socioeconomic indicators, whereas most G7’s correlate negatively (> 0.6) due to their decoupled economic growth from carbon emissions. The forecasts show higher growth rates in the E7’s carbon emissions after the rebound in the pandemic scenario compared to the pandemic-free scenario, while the impact on the G7’s carbon emissions is negligible. The overall impact of the pandemic outbreak on long-term carbon emissions is small. Still, its short-term positive impact on the environment should not be misunderstood, and stringent emissions reduction policies must be implemented urgently to ensure the achievement of Paris Agreement goals. GRAPHICAL ABSTRACT: Research methodology for assessing the pandemic's impacts on the G7 and E7 countries' long-term carbon trajectory curve. [Image: see text] SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s10098-023-02508-0. |
format | Online Article Text |
id | pubmed-10024307 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2023 |
publisher | Springer Berlin Heidelberg |
record_format | MEDLINE/PubMed |
spelling | pubmed-100243072023-03-21 Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries Hoy, Zheng Xuan Leong, Ji Fong Woon, Kok Sin Clean Technol Environ Policy Original Paper The COVID-19 pandemic caused profound impacts on the global economy, resulting in a sharp drop in carbon emissions as energy demand fell. The emissions reduction due to past extreme events often follows with a rebound after the economy recovers, but the pandemic’s impacts on the long-term carbon emissions trend remain unknown. This study forecasts the carbon emissions of Group of Seven (G7) as developed countries and Emerging Seven (E7) as developing countries using socioeconomic indicators and artificial intelligence-powered predictive analytics to assess the pandemic’s impacts on the long-term carbon trajectory curve and their progress toward achieving the Paris Agreement goals. Most E7’s carbon emissions have strong positive correlations (> 0.8) with the socioeconomic indicators, whereas most G7’s correlate negatively (> 0.6) due to their decoupled economic growth from carbon emissions. The forecasts show higher growth rates in the E7’s carbon emissions after the rebound in the pandemic scenario compared to the pandemic-free scenario, while the impact on the G7’s carbon emissions is negligible. The overall impact of the pandemic outbreak on long-term carbon emissions is small. Still, its short-term positive impact on the environment should not be misunderstood, and stringent emissions reduction policies must be implemented urgently to ensure the achievement of Paris Agreement goals. GRAPHICAL ABSTRACT: Research methodology for assessing the pandemic's impacts on the G7 and E7 countries' long-term carbon trajectory curve. [Image: see text] SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s10098-023-02508-0. Springer Berlin Heidelberg 2023-03-18 /pmc/articles/PMC10024307/ /pubmed/37359167 http://dx.doi.org/10.1007/s10098-023-02508-0 Text en © The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Original Paper Hoy, Zheng Xuan Leong, Ji Fong Woon, Kok Sin Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries |
title | Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries |
title_full | Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries |
title_fullStr | Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries |
title_full_unstemmed | Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries |
title_short | Post-COVID-19 pandemic and the Paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries |
title_sort | post-covid-19 pandemic and the paris agreement: a socioeconomic analysis and carbon emissions forecasting in developed and developing countries |
topic | Original Paper |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10024307/ https://www.ncbi.nlm.nih.gov/pubmed/37359167 http://dx.doi.org/10.1007/s10098-023-02508-0 |
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