COVID-19 Slowed Down Global Progress on Energy Efficiency: IEA

Saur Energy | Dec 4, 2020 at 7:41 AM
  • A new report by the International Energy Agency (IEA) has stated that the already sluggish pace of global progress on energy efficiency is set to slow further this year as a result of the economic impacts of the COVID-19 crisis, deepening the challenge of reaching international energy and climate goals and making stronger government action critical.
  • Global primary energy intensity – a key indicator of how efficiently the world’s economic activity uses energy – is expected to improve by less than 1 percent this year, the weakest rate since 2010.
  • Spending on efficiency-related stimulus measures announced by governments worldwide to date is set to generate almost 2 million full-time jobs between 2021 and 2023.