Newsletter of the International Energy Agency
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In this special edition, we focus on our expanding efforts to help make the global response to the Covid-19 crisis as sustainable and resilient as possible. This includes a major Sustainable Recovery Plan that we presented on Thursday, new recommendations for improving energy efficiency that have just been published today, our 5th Annual Global Energy Efficiency Conference on Tuesday, and several other key events and reports all leading up to the IEA Clean Energy Transitions Summit on 9 July. The Summit is the main global energy and climate event of the year, and will bring together more than 40 ministers and other energy leaders from around the world to review efforts to put the world on a secure and sustainable path as it emerges from the current crisis. 
The Sustainable Recovery Plan
We released our Sustainable Recovery Plan on Thursday, providing suggestions for how governments can simultaneously boost economic growth, create millions of jobs and build more resilient and cleaner energy systems. Our World Energy Outlook Special Report on Sustainable Recovery, carried out in collaboration with the International Monetary Fund, shows ways to integrate energy policies into government responses to the economic shock caused by the Covid-19 crisis, helping accelerate the deployment of modern, reliable and clean energy technologies and infrastructure.
 
The set of policy actions and targeted investments over the 2021-2023 period that are outlined in the report increase global economic growth by an average of 1.1 percentage points a year; save or create roughly 9 million jobs a year; and make 2019 the definitive peak in global greenhouse gas emissions. In addition, the plan would deliver other improvements to human health and well-being, including driving a 5% reduction in air pollution emissions, bringing access to clean-cooking solutions to around 420 million people in low-income countries, and enabling nearly 270 million people to gain access to electricity.
 
Achieving these results would require global investment of about USD 1 trillion annually over the next three years, including some public spending but mainly private finance that would be mobilised by government policies. It spans six key sectors – electricity, transport, industry, buildings, fuels and emerging low-carbon technologies.
Find out more about the Special Report on Sustainable Recovery
You can replay the press conference hosted by Dr Fatih Birol, the IEA Executive Director, and  Laura Cozzi, the IEA Chief Energy Modeller, to launch the report. Their presentation is available here, along with the press release. And in a new LinkedIn article, Dr Birol lays out some of his thoughts on achieving a sustainable recovery.

Tune in to the latest episode of our "Everything Energy" podcast where we discuss the report’s findings with Laura, who directed the report. Episode #5 of our podcast is available on Apple, Spotify, Google, and Soundcloud.

The report is also available online in its entirety, laying out the findings in an accessible way. It can also be downloaded for free from our webstore.
10 key recommendations for accelerating global progress on energy efficiency
Today, we are sharing a set of recommendations from the Global Commission for Urgent Action on Energy Efficiency, a high-level group of national leaders, ministers, top business executives and prominent energy experts that is headed by Prime Minister Leo Varadkar of Ireland. Their 10 key recommendations highlight the best approaches to unlocking the huge advantages that energy efficiency offers to economies and societies around the world -- one of main pillars of our sustainable recovery plan.
 
The Commission’s report will be discussed at the IEA’s 5th Annual Global Conference on Energy Efficiency, taking place Tuesday. Our conference will hear from ministers from around the world, with a focus on policy actions that can make the multiple benefits of energy efficiency part of a sustainable recovery.
 
The day-long event, which will be livestreamed, will be kicked off by Dr Birol and feature more than 40 high-level speakers. They include President Salome Zourabichvili of Georgia, ministers from Austria, Canada, Ireland, Italy, Luxembourg, Morocco, New Zealand, Panama, Spain and the United Kingdom, as well as energy commissioners from the African Union and the European Commission, and CEOs of companies such as Toshiba, Saint Gobain and Danfoss.
 
You can find more information on our featured speakers, the day's agenda and various links to our livestreams at our Conference webpage.
A grand coalition to build momentum for a sustainable recovery
The Sustainable Recovery Plan and the energy efficiency recommendations are two of the key elements that will inform discussions at the IEA Clean Energy Transitions Summit on 9 July. The Summit aims to build momentum for efforts to support a global economic recovery that creates large numbers of jobs and moves the world closer to achieving key sustainability goals. The event will be attended by more than 40 Ministers from countries representing more than 80% of global energy consumption.

This will be an opportunity to bring together a grand coalition of government ministers, top energy CEOs, major investors and other prominent leaders from the public and private sectors. It will be the most important global forum on energy and climate issues this year and is one of the key multilateral events on the road to next year’s COP26.

Mark your calendars for the IEA Clean Energy Transitions Summit.

The Summit follows a sequence of high‑level IEA events that have explored how best to respond to the disruption caused to economies and energy systems by the Covid-19 crisis. This includes ministerial roundtables on the role of clean energy in economic recovery (24 April), mobilising investment in sustainable and resilient electricity systems (29 May), Tuesday’s annual energy efficiency conference and the upcoming roundtable on Covid-19’s impacts on Africa’s energy sector (30 June).

The discussions at these meetings of global decision-makers have been informed by a series of key IEA reports that have analysed the impacts of the Covid-19 crisis on global energy demand and emissions, renewables, and energy investment trends. Now, the Sustainable Recovery Plan, the Global Commission’s energy efficiency recommendations and a new Special Report on Clean Energy Innovation, which will be released on 2 July, are offering governments clear and actionable measures through which they can build back better. 
 
Watch the livestream of the press conference launching our EU policy review
On Thursday, we will release our in-depth review of the European Union’s energy policies, with a focus on the European Green Deal and the European Commission’s recovery plans.
 
You can watch Dr Birol’s presentation of the report’s findings and recommendations in an online presentation to the media with Kadri Simson, the European Commissioner for Energy. 
 
Watch the livestream starting at 17h.
WHAT WE'RE READING
COMING UP
 
  • 23 June: 5th Global Conference on Energy Efficiency
  • 25 June: IEA Review of EU Energy Policy
  • 30 June: Africa Ministerial Roundtable: Covid-19 impact on Africa’s energy sector
  • 2 July: Energy Technology Perspectives 2020: Special Report on Innovation
  • 9 July: IEA Clean Energy Transitions Summit
  • 10 July: Oil Market Report
 
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