SPECIAL REPORT ON SUSTAINABLE RECOVERY

Sept. 22, 2020

Against the backdrop of the ongoing Covid-19 crisis, International Energy Agency (IEA), in collaboration with NITI Aayog, presented a ‘Special Report on Sustainable Recovery’ on 18 September 2020.

About:

  • Part of IEA’s flagship World Energy Outlook series, the report proposes a number of actions that could be taken over the next three years to revitalize economies and boost employment while making energy systems cleaner and more resilient.

  • According to report, Post the 2008–09 financial crisis, green measures accounted for around 16% of the total stimulus measures. To recover from the pandemic, we must be even more ambitious and decisive towards clean investments.

  • The report mentions key sectors for creating jobs: electricity, transportation, buildings, industry and sustainable biofuels and innovations.

Source : PIB