B20 and IEA Call for Green Recovery

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The Business 20 (B20), the official voice of the global business community across the G20, and the International Energy Agency (IEA) today issued a Joint Statement to call on the G20 Leaders to accelerate clean energy transitions for a resilient recovery. The call for commitment comes in the context of a series of G20 Ministerial meetings involving ministers of environment and energy.

In 2020, the Covid-19 pandemic has led to a historic, yet temporary, decline in energy demand and energy-related greenhouse-gas emissions. According to the IEA, global CO2 emissions are expected to be about 8% lower in 2020 than they were in 2019. However, the pandemic also threatens the pace and scope of energy transitions with a 20% decline in global energy investments in 2020. Between now and... ... More: Official Press Release IEA

Keywords:

IEA, Business 20, B20, G20, Joint Statement, clean energy, recovery, Covid-19, Coronavirus, policy, sustainability, CO2, emissions, Paris Agreement