IEA executive director Fatih Birol
Emissions ‘past peak’ in IEA/IMF green recovery plan
The world could be put “on track for net-zero emissions by 2050” if governments implement the partnering institutions’ “build back better” post-pandemic economic recovery plan
The IEA and the IMF have been working feverishly in recent months to come up with proposals for a post-pandemic economic recovery plan. The sense of urgency has been palpable, given the proposals had to be ready in time for governments to incorporate them into the economic rebuilding packages that will follow the short-term rescue measures hurriedly put together to deal with the immediate impacts of Covid-19. The IEA wanted the proposals to be ready in time for a clean energy transitions summit it is convening on 9 July, which it claims will gather 40 ministers from countries representing four-fifths of global energy use. It hopes to leverage the $9tn that it estimates governments will be sp
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