Research Aim: This research analyzes the impact of COVID-19 on the emerging economies’ progress in CO_2 emission reduction goal to restart their economies. It will assess the effects of COVID-19 on emerging economies’ aggregate production and employment levels. Therefore, it will show whether to take aggregate output and employment back to pre-COVID levels, do emerging economies need to forgo their CO_2 emission reduction goals. Moreover, it will use successful cases to recommend small emerging economies to increase output and employment and carry on CO_2 emission reduction goals.