As we might expect, the developed world has generally responded to the present crisis by implementing unprecedented national fiscal, health, and environmental policy responses. However, some regions have been criticised for launching reactionary, insular policies that could greatly aggravating the current global economic turmoil.
The European Union has for example announced an effective ban on palm oil and, simultaneously, a Farm to Fork (F2F) strategy which claims to set out “the global standard for sustainability”. But questions arise about whether such measures will actually lead to Brussels’ claimed desired outcome.
Given the profound and broad effects of the pandemic on public health, the global economy, and the environment, the outbreak warrants an examination of the future of global cooperation and the re-evaluation of existing economic and environmental policies.
This includes studying new approaches to sustainability for commodities like palm oil.
This report will identify and analyse policies best suited to ensuring environmental sustainability whilst promoting economic cooperation. We must ask questions like: Notably, the report will assess the most effective ways for partnerships to be forged between the developed and developing world to produce mutually beneficial polices capable of striking an effective balance between environment, public health and industry.