A predictive model and country risk assessment for COVID-19: An application of the Limited Failure Population concept.

This article provides predictions for the spread of the SARS-CoV-2 virus for a number of European countries and the United States of America, drawing from their different profiles, both socioeconomically and in terms of outbreak and response to the 2019-2020 coronavirus pandemic, from an engineering and data science perspective. Each country is separately analysed, due to their differences in populations density, cultural habits, health care systems, protective measures, etc. The probabilistic analysis is based on actual data, as provided by the World Health Organization (WHO), as of May 1, 2020. The deployed predictive model provides analytical expressions for the cumulative density function of COVID-19 curve and estimations of the proportion of infected subpopulation for each country. The latter is used to define a Risk Index, towards assessing the level of risk for a country to exhibit high rates of COVID-19 cases after a given interval of observation and given the plans of lifting lockdown measures.

COVID-19 recovery packages can benefit climate targets and clean energy jobs, but scale of impacts and optimal investment portfolios differ among major economies.

To meet the Paris temperature targets and recover from the effects of the pandemic, many countries have launched economic recovery plans, including specific elements to promote clean energy technologies and green jobs. However, how to successfully manage investment portfolios of green recovery packages to optimize both climate mitigation and employment benefits remains unclear. Here, we use three energy-economic models, combined with a portfolio analysis approach, to find optimal low-carbon technology subsidy combinations in six major emitting regions: Canada, China, the European Union (EU), India, Japan, and the United States (US). We find that, although numerical estimates differ given different model structures, results consistently show that a >50% investment in solar photovoltaics is more likely to enable CO2 emissions reduction and green jobs, particularly in the EU and China. Our study illustrates the importance of strategically managing investment portfolios in recovery packages to enable optimal outcomes and foster a post-pandemic green economy.