What's New :
Open Webinar for Mains 2021 : Register Now

‘IEA and NITI Aayog launch Special Report on Sustainable Recovery Post Covid-19’

  • Category
    Economy
  • Published
    29th Sep, 2020

Against the backdrop of the ongoing Covid-19 crisis, International Energy Agency (IEA), in collaboration with NITI Aayog, presented a ‘Special Report on Sustainable Recovery’.

Context

Against the backdrop of the ongoing Covid-19 crisis, International Energy Agency (IEA), in collaboration with NITI Aayog, presented a ‘Special Report on Sustainable Recovery’.

About

  • It is a part of IEA’s flagship World Energy Outlook
  • The report 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.
  • It details energy-focused policies and investments that could help to-
    • boost economic growth
    • create jobs
    • put emissions into structural decline while making energy systems lower-cost, secure and resilient

International Energy Agency

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

Key-sectors for creating jobs:

  • The report mentions key sectors for creating jobs:
    • Electricity
    • Transportation
    • Buildings
    • Industry
    • Sustainable biofuels and innovations
  • A combination of policy actions and targeted investments will offer huge benefits to the economy and generate jobs.
X
Enquire Now