• Focus Area -
  • Type Think20 (T20)
  • Date 7 June 2020
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Abstract

COVID-19 has dramatically changed the socioeconomic context for clean energy transitions worldwide. Fiscal rescue and recovery measures that unaligned with a green, resilient, and just recovery will miss the historic opportunity to realign global economic and energy trajectories with the goals of the Paris Agreement. Given its potential to accelerate sustainable energy transitions and deliver jobs, the private sector should be placed at the heart of targeted post-COVID-19 economic recovery policies. This policy brief outlines recommendations for achieving sustainable energy transitions in the power sector across G20 economies by focusing on how governments can support the private sector to deliver economic growth, jobs, and climate action. The proposed measures involve (1) coordinating on sustainable recovery measures in the G20, (2) expanding renewable energy generation, (3) accurately reflecting environmental externalities and ensuring just transitions in the fossil-fuel sector, and (4) promoting efficient electricity consumption and faster electrification.

Authors

Yong Jun Baek

Yong Jun Baek

Mari Luomi

Research Fellow Mari is a policy-oriented social scientist who has been studying climate change, energy transitions and sustainable development policy in the… Mari is a policy-oriented social scientist who has been studying climate change, energy transitions and sustainable development policy in the Gulf and globally for 15 years. At KAPSARC, she leads the projects on carbon markets and Paris Agreement Article 6, and the Circular Carbon Economy Index. She has worked for other leading energy, sustainable development and foreign policy research institutions, including the Oxford Institute for Energy Studies, the International Institute for Sustainable Development (Earth Negotiations Bulletin), Georgetown University, the Finnish Institute of International Affairs, and the Emirates Diplomatic Academy. Mari holds a master’s degree in political science and international politics from the University of Helsinki and a Ph.D. in Middle Eastern studies from Durham University. In addition to a broad research publications portfolio, she has substantial experience in executive training, presentations, policy advisory, and reporting services for multilateral environmental negotiations.

Expertise

  • Climate Change Policy and Governance
  • Energy Transitions
  • Sustainable Energy Policy
  • Circular Carbon Economy
  • Greenhouse Gas Emissions
  • Sustainable Development
  • Sustainable Development Goals
  • Economic Diversification and Gulf Cooperation Council Countries

Publications See all Mari Luomi’s publications

Tanzeed Alam

Tanzeed Alam

Chul Ju Kim

Chul Ju Kim

Jeffrey Logan

Jeffrey Logan

William Toor

William Toor

Robert T. McGrath

Robert T. McGrath

Charles F. Kutscher

Charles F. Kutscher

Nella Sri Hendriyetty

Nella Sri Hendriyetty

Timothy C. Coburn

Timothy C. Coburn

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