Since the scale of the economic crisis began to emerge, the International Energy Agency has been leading the calls for governments to make the recovery as sustainable and resilient as possible. This means immediately addressing the core issues of global recession and soaring unemployment – and doing so in a way that also takes into account the key challenge of building cleaner and more secure energy systems.
Launched in 2020, the plan estimates that if goverments mobilized $1 trillion in clean energy investment each year, from 2021-22, it would boost global economic growth on an average by 1.1% a year.