It is already clear that covid-19 has significantly influenced the firm's performance and made some vital changes in the global market competition. This is because the world is experienced sudden short-term decreased CO2 emission. However, the Big Fishes (for instance Fortune 500) will not maintain their reduced diet (less profit or Loss) for zero figure. They must fight for prompt recovery but what will be the recovery process in terms of the environmental aspect? Brown or Green Recovery? please share your understanding, experience, and thinking.
Corporate recovery will be brown and not green. Their ability to invest in environmental strengths or reduction of carbon emissions depends on the extent to which they can encash their carbon credits thus far earned. Several carbon credits have no conversion ability.
Yerram Raju Behara thanks for the well-judged answer but what is your opinion regarding carbon credit conversion..Is carbon credit conversion should be a global product?
Yes, Rahman. carbon credit conversion should be a global product when it will create competitive spirit among nations for acquiring and encashing them legitimately. No rating please only measurement.