A Clean Covid-19 Recovery: The Global Opportunity for G20 Leadership

Online Report Launch: July 7, 2021, at 13h30CET

The world understands that a green recovery can deliver large-scale job creation in the near term and contribute significantly to much-needed decarbonisation efforts.

In this context, the consultancy EY-Parthenon, with the support of the European Climate Foundation (ECF), has compiled a report with a list of 13,000 real and sustainable renewable energy projects identified in 47 countries. Using a unique methodology, EY asserts that these projects can kick-start a massive green and renewable recovery to begin immediately across the world. These “no regrets” investments to deploy the identified “shovel ready” pipeline will contribute over one fifth of countries’ Nationally Determined Contributions (NDC) commitments and can mitigate or reverse a substantial proportion of the economic losses due to Covid-19 across the countries included in the study.

The objective of this webinar is to launch and debate the key findings from EY’s global work in 47 countries and contrast its conclusions with policymakers and leading renewables experts, starting a dialogue on how the private sector, and G20 governments, developing nations and international financial institutions can be instrumental to unlock and materialise the full potential and benefits of a renewable-led recovery.

13:30 – 13:35

Introduction and Welcome

Laurence Tubiana, President and CEO of the European Climate Foundation

13:35 – 13:45

Welcome and Keynote framing on IEA Net-Zero scenario and financing the transition

Laura Cozzi, Chief Energy Modeller, IEA

13:45 – 14:00

Presentation of the EY-Parthenon Report

Serge Colle, Global Energy Advisor, EY

14:00 – 15:10

How to kick-start a green and renewable recovery?

This high-level expert panel will provide insights into the conclusions and recommendations of the work from local and financial perspectives. Panellists will be offered time to reflect upon the study in their local context and also debate some of the very necessary accelerating conditions precedent which are required to deliver the identified value to people, the planet and prosperity.

Peter Sweatman, Project Board Member and Chief Executive at Climate Strategy, will chair and moderate the discussion. Speakers include:

  • Sumant Sinha, Founder Chair and Managing Director of ReNew Power, contributor to EY India study
  • Dr. Kevin P. Gallagher, Professor of Global Development Policy, Boston University’s Frederick S. Pardee School of Global Studies
  • Li Ming Qiao, Asia Director Global Wind Energy Council

15:10 – 15:20

Q&A and Moderated Panel Discussion

15:20 – 15:30

Concluding Keynote

Gilberto Dialuce, Senior Advisor to the Italian Minister for the Ecological Transition, Chair of the Energy Transitions Working Group, G20

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