Special Report on Sustainable Recovery released

  • IASbaba
  • September 25, 2020
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Special Report on Sustainable Recovery released

Part of: GS Prelims and GS-III – Economy

In news

  • Special Report on Sustainable Recovery’ was recently released.
  • Presented by: International Energy Agency (IEA) and NITI Aayog

Key takeaways

  • It is a part of IEA’s flagship World Energy Outlook series.
  • It 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, it is important to be more ambitious and decisive towards clean investments.
  • Key sectors for creating jobs: Electricity, transportation, buildings, industry and sustainable biofuels and innovations.

Do you know?

  • The International Energy Agency is an intergovernmental organisation established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis. 
  • It is Headquartered in Paris, France.

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