Governments and financial institutions should incorporate climate change action into their COVID-19 economic recovery plans, the head of the International Energy Agency (IEA), Fatih Birol, told Climate Home News. Stimulus packages, he argues, should focus on large-scale investments in things like clean energy, battery storage, and carbon capture-and-storage technologies.
“I am talking with several governments and international financial institution leaders because they are all busy designing stimulus programs for the economy,” Birol said in an interview. “We can use the current situation to step up our ambition to tackle climate change… This is a huge opportunity we cannot miss. Here the issue is not only the level of [stimulus] money, but the direction of the money.”
Read more at Yale Environment 360
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