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COVID-19 and green recovery: How Member States integrate sustainable energy investments into their recovery plans

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Photo by Tierra Mallorca on Unsplash

Two webinars discussed how EU Member States are integrating sustainable energy investments into their economic recovery plans and how national financial institutions are supporting these efforts. They were hosted by the European Commission in the framework of the Sustainable Energy Investment Forum initiative on 16th and 30th June 2020. 

The European Green Deal is considered an essential element of an inclusive and sustainable growth strategy for Europe. EU Member States are currently developing recovery plans as part of their existing strategies to address the COVID-19 pandemic. Sustainable energy investments are an important pillar of such strategies, which require significant public financing as a lever for private investment. 

 

Speakers from Belgium, Croatia, The Netherlands, Poland and Slovakia reported on the ongoing work of designing a solid response to the COVID-19 pandemic whilst building in a strong emphasis on a green recovery. The webinars showed that there is no one-size-fits-all solution to integrating sustainable energy into recovery plans. Participants outlined different investment priorities and specific public financing structures based on their particular economies and the sustainable energy investment plans already in place before the crisis. 

 

Read the full news and the recordings of the webinars here.