The COVID-19 pandemic, coming on top of the climate crisis, has exposed serious vulnerabilities in our societies, economies and development models. Recovering from the pandemic and building forward better requires dramatically stepping up green finance and clean energy investments.
This report on finance and investment spells out the challenges of financing energy access and a global energy transition – and sets out what can be done to overcome them. It offers nine recommendations that are ambitious, innovative, high-impact and scalable. It forms part of a global roadmap towards inclusive access to clean and affordable energy.
The report has been prepared by a technical working group co-led by four UN and international organizations, and will inform the High-level Dialogue on Energy in September and be considered in the political statement resulting from the summit.