Ecology and Digitalization: Global Economy after COVID-19

In 2019, as a result of consistent policies of individual countries, global CO 2 emissions decreased by approximately 33 gigatonnes (Gt), primarily due to a sharp reduction in emissions in the energy sector due to the growing role of renewables, switching from coal to natural gas and increasing nuclear energy.

Chief researcher of the Economic Strategy Department at the Center for Economic and Social Research  (NISS) Daniila Oliynuk took part in the International Scientific Online Conference “SCIENCE - BUSINESS - SELF-GOVERNMENT in the conditions of COVID-19", organized by the The Higher School of Banking in Chorzów  (Wyższa Szkoła Bankowa w Chorzowie), Poland. In her speech on "Smart green economic recovery: a prerequisite for sustainable development", the expert focused on rethinking sustainability in achieving cleaner, more accessible and interdependent network systems. During the presentation special attention has been given to the issues of restarting the economy after the COVID-19 pandemic and building a sustainable, comprehensive, climate-neutral socio-economic model.

According to Ms.Oliynuk, the creation of economic opportunities for the formation of a modern sustainable economic and ecological and competitive economy is realized by stimulating investment resources in network systems, which are derived from global greenhouse gas emissions, resource reuse and risk management. For mathematical modelling and forecasting the stability of economic, environmental and social aspects, the expert proposed to use methods of dynamic stochastic modelling of the overall equilibrium of economic sectors that are part of network systems. Ms. Oliynuk paid particular attention to the tools of measuring economic recovery at the global, regional, sectoral and intersectoral levels.

Photo: physicsworld.com

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