The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a \u201conce-in-a-lifetime\u201d roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic.<\/h1>\n
The Sustainable Recovery report<\/strong>, published Thursday<\/strong>, is designed to present world leaders<\/strong> with cost-effective measures<\/strong> that could be implemented from 2021<\/strong> through to 2023<\/strong>.<\/p>\n It sets out three main goals: spurring economic growth<\/strong>, creating jobs and building more resilient and cleaner energy systems<\/strong>.<\/p>\n \u201cThese decisions will shape economic and energy infrastructure for decades to come and will almost certainly determine whether the world has a chance of meeting its long-term energy and climate goals.\u201d<\/p>\n An unprecedented global public health crisis triggered by the Covid-19 outbreak means the world is experiencing its worst economic shock since the 1930s, the IEA said. It is having a profound impact on employment and investment across all parts of the economy, including energy.<\/p>\n The IEA has\u00a0previously warned<\/strong>\u00a0that it believes the coronavirus crisis has paved the way for the largest decline of global energy investment on record this year, with spending set to plummet 20%.<\/p>\n Last year, the global energy industry employed roughly 40 million people, but 3 million of those jobs have either been lost or at risk as a result of the pandemic, according to the report\u2019s analysis.<\/p>\n \u201cToday, attention is increasingly focusing on how to bring about an economic recovery that repairs the damage inflicted by the crisis while putting the world on a stronger footing for the future,\u201d the IEA\u2019s Birol said.<\/p>\n<\/div>\n The Sustainable Recovery plan was published in collaboration with the International Monetary Fund as part of the energy agency\u2019s flagship World Energy Outlook series.<\/p>\n It is based on the assessments of over 30 specific energy policy measures and spans six key sectors: electricity, transport, industry, buildings, fuels and emerging low-carbon technologies.<\/p>\n The IEA believes the plan could add 1.1 percentage points to global economic growth each year through to 2023.<\/p>\n It says it could also save or create approximately nine million jobs a year over the next three years and reduce global energy-related greenhouse gas emissions by 4.5 billion tons by the end of the plan.<\/p>\n Achieving those results would require global investment of around $1 trillion annually over the next three years. This represents about 0.7% of global gross domestic product (GDP).<\/p>\n The IEA\u2019s Birol stressed in the report that the plan was not intended to tell governments what they must do; instead, \u201cit seeks to show them what they can do.\u201d<\/p>\n<\/div>\n <\/p>","protected":false},"excerpt":{"rendered":" The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a \u201conce-in-a-lifetime\u201d roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic. The Sustainable Recovery report, published Thursday, is designed to present world leaders with cost-effective measures that could be implemented from 2021 through […]<\/p>\n","protected":false},"author":1,"featured_media":116076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[51,53,52],"tags":[1804,74686,74685,74690,68878,74691,74680,42097,74679,74689,68,44477,86,818,74698,74699,74683,1023,74693,15877,74697,74140,68873,74687,74692,74681,74688,1902,74682,57125,74694,74695,49820,74684,74696,998,1022,18617,11483,74129,74678],"views":125,"_links":{"self":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/116073"}],"collection":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/comments?post=116073"}],"version-history":[{"count":5,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/116073\/revisions"}],"predecessor-version":[{"id":116080,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/116073\/revisions\/116080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media\/116076"}],"wp:attachment":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media?parent=116073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/categories?post=116073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/tags?post=116073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.enerjigazetesi.ist\/wp-content\/uploads\/2020\/06\/iea-dan-ekonomiyi-toparlamak-icin-3-trilyon-dolarlik-yesil-kalkinma-plani.jpg\")
\u201cAs they design economic recovery plans<\/strong>, policymakers<\/strong> are having to make enormously consequential decisions in a very short space of time,\u201d Fatih Birol<\/strong>, executive director at the IEA<\/strong>, said in the report.<\/p>\nWhat does the recovery plan hope to achieve?<\/h2>\n