A weaker exchange rate is usually a sign of high inflation, and unless the inflation problem is addressed, it can set in motion an exchange rate and inflation spiral. In short, a weaker exchange rate can only benefit exporters if the exchange rate change is not offset by cost increases.
Climate policies toward net zero emissions, climate adaptation and resilient infrastructures can all be pursued as the world recovers from the pandemic, in a manner that supports economic growth, employment and income equality. Over the next years, the world will invest heavily to recover from the fallout of COVID-19.