Energy efficiency can boost economies quickly, with long-lasting benefits

IEA | The coronavirus (COVID-19) pandemic has required governments to focus virtually all their efforts and resources on protecting the health and well-being of their citizens. Rightly so: health is the first and most immediate priority. At the same time, leaders are also facing the economic impact of the crisis and thinking ahead to strategies for stimulating their economies once the pandemic is brought under control and activity can ramp back up.

For these strategies, governments will be looking at the very immediate future: how to create jobs and boost economies now. There have been many calls to make clean energy technologies a key part of stimulus packages. This makes complete sense. Stimulus goals align very well with wider clean energy goals, and investment in all fields of clean energy can deliver great opportunities to increase employment and economic activity.

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