Just as unbridled climate change will do serious damage to the economy and its workers – not least by exacerbating natural disasters and contributing to pandemics – so, too, will failure to improve human-capital management and safeguard workers’ wellbeing. That is why both climate action and social protections must be embedded in COVID-19 recovery strategies.
LONDON – It will take time for the COVID-19 pandemic’s economic consequences to come into full view. But some of the costs are already becoming apparent, beginning with the devastation the crisis will wreak on the global workforce. With climate change also threatening to hurt the world’s most vulnerable workers, the need for a holistic crisis response that emphasizes both justice and sustainability could not be greater.
The numbers paint a grim picture. The International Labor Organization warns that 1.6 billion workers in the informal economy – almost half the global workforce – are in “immediate danger of having their livelihoods destroyed.” The African Union reports that, in Africa alone, nearly 20 million jobs, in both the formal and informal sectors, are at risk. In the United States, the New York Times estimates that, despite a headline unemployment rate of 13.3% – already higher than in any previous postwar recession – actual unemployment is closer to 27%.
The President of the Center for International Relations and Sustainable Development (CIRSD), Vuk Jeremić delivered a lecture at ADA University, Azerbaijan’s top-tier educational institution entitled "Geopolitics of the Balkans and How it Relates to the Caucasus”.
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Vuk Jeremić lectures at the Diplomatic Academy in Vienna
At the invitation of the Diplomatic Academy in Vienna, one of the most prestigious and oldest schools on the European continent, CIRSD President Vuk Jeremić delivered a lecture entitled “(Geo)politics of the Balkans: The Revenge of History”, on February 7th, 2023.
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Prof. Sachs: “Sanctions against Russia ineffective and contrary to international law”
CIRSD had the privilege to host one of the world’s brightest minds and most famous economists – Prof. Dr Jeffrey Sachs in a live discussion titled "The winter of Our Discontent".
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Central Asia: The Age of Reform
The Center for International Relations and Sustainable Development (CIRSD) co-organized a conference on December 7, 2022, titled “Central Asia: The Age of Reform” at the Diplomatic Academy of Vienna, one of the most prestigious and oldest (1754) schools in Europe.
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