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 series.
• 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 organization.
• 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.
• The IEA works with governments and industry to shape a secure and sustainable energy future for all.