IEA summit on global green recovery from Covid-19 crisis

Categories: Big picture
Published on: June 29, 2020

The Guardian / Fiona Harvey / 29 June 2020

Key to success will be that governments can sign up to green recovery plans even if – like the US – they are sceptical on the climate crisis, said Fatih Birol, the executive director of the IEA. “Even if governments do not take climate change as a key priority, they should still implement our sustainable recovery plan just to create jobs and to give economic growth. Renovating buildings, for instance, is a job machine.”

Birol fears a rerun of the recovery after the financial crisis of 2008, when emissions declined sharply in the recession but quickly returned to levels much higher than before, as governments invested in coal-fired power plants, constructed inefficient buildings, and rolled out road-building schemes.

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