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Image header Agence Europe
Europe Daily Bulletin No. 12465
Contents Publication in full By article 14 / 41
SECTORAL POLICIES / Energy

Investing in energy efficiency is 'a natural choice' to boost economy, says IEA

As governments consider ways to revive the economy after the looming crisis caused by the COVID-19 pandemic, the International Energy Agency (IEA) on Wednesday (8 April) stressed the importance of including energy efficiency in stimulus programmes.

"Investment through well-designed economic recovery programmes can use the potential of energy efficiency to support the existing jobs, create new ones and boost economic activity", says the IEA in an article.

In addition, energy efficiency actions have longer-term benefits, such as reduced greenhouse gas emissions, better access to energy and lower bills, the Agency adds.

According to the IEA, governments should consider three categories of energy efficiency investments: (1) energy efficiency opportunities in new and existing buildings (insulation, high-efficiency building materials, heating systems, cooling systems, etc.) ; (2) technology substitution, including 'scrappage' schemes; (3) investments in energy-efficient infrastructure such as smart grids and recharging of electric vehicles.

To read the IEA article: https://bit.ly/2REYcOP (original version in French by Damien Genicot)

Contents

EU RESPONSE TO COVID-19
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
COUNCIL OF EUROPE
NEWS BRIEFS
CALENDAR
CALENDAR EXTRA