The health of citizens is the first priority for governments responding to the COVID‑19 pandemic, but the need to limit the economic impacts of the crisis is also of great concern. Many governments are considering how to stimulate their economies once the pandemic is brought under control. In these efforts to safeguard economic stability, energy efficiency has a strong role to play in boosting jobs and economic growth while also supporting clean energy transitions around the world.
Delivering immediate job creation and industry support depends on deploying stimulus packages rapidly and at scale to achieve immediate impacts in terms of job creation and industry support. In this paper, the IEA examines three categories of energy efficiency investments for governments to consider in their economic stimulus packages to either enhance existing programmes or develop new ones.
The resource highlights the following key points:
The health of citizens is the first priority for governments responding to the COVID‑19 pandemic, but the need to limit the economic
Energy efficiency policies play a key role in the transformation to a ‘green energy economy’.