Preprint Short Note Version 1 This version is not peer-reviewed

COVID-19 and Amazonia: Sustainable alternatives for an economic collapse

Version 1 : Received: 27 April 2020 / Approved: 29 April 2020 / Online: 29 April 2020 (05:05:33 CEST)

How to cite: Diele-Viegas, L.; Pereira, E. COVID-19 and Amazonia: Sustainable alternatives for an economic collapse. Preprints 2020, 2020040501 (doi: 10.20944/preprints202004.0501.v1). Diele-Viegas, L.; Pereira, E. COVID-19 and Amazonia: Sustainable alternatives for an economic collapse. Preprints 2020, 2020040501 (doi: 10.20944/preprints202004.0501.v1).

Abstract

The severity of the ongoing COVID-19 outbreak demand from countries to adopt extreme measurements of social isolation to stop the spread and flatten the curve of contamination. Although social isolation measures may have negative impacts on economy, historically it has been showed to be more effective in saving lives and less damaging to economy than not adopting these measurements during a viral pandemic. In Brazil, despite the positioning of the president against social isolation due to the consequent economic recession, the rapid spread of the virus has worried the governors of the Brazilian states, which are thus managing stringent social isolation measurements to avoid the advance of the virus. Since one of the main strategies to guarantee progress and economic growth in Brazil has been the exploitation of natural resources from the Amazonia biome, here we discuss the importance of this biome to Brazilian economy during the post-pandemic recession and highlights potential strategies to burst the economy without promoting Amazonia destruction. We show that, together with the REDD+ and the Amazon Fund, the Forest bonds represents good strategies to burst Brazilian economy in a sustainable way, showing that it is possible to improve the commodities without increasing Amazonia deforestation or the greenhouse gases emissions. Amazonia is a biome of global importance for the avoidance of another global crisis, which will occur if we reach the climatic tipping point of 1.5°C. Thus, governmental actions should go towards its preservation, not exploitation and depletion. The commitment of the government with environmental conservation is paramount so that these economic strategies have positive results, especially in a post-pandemic scenario, where the economy will be extremely weakened. The COVID-19 brings us a lesson regarding how our attitudes can impact the world, and what we can expect from a global crisis. Perhaps we can apply these lessons and focus on change our economy towards a sustainable direction to avoid another global crisis in the years to come.

Subject Areas

Economic recession; SARS-CoV-2; Deforestation; Climate Change; Amazonia Integrity; Green Bonds

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