Aligning Stimulus with a Green Recovery
A webinar launching a new report on the impact of national stimulus programmes to drive the Renewable Energy transition. The pandemic has shown power grids can remain stable while record-breaking amounts of renewable power can be integrated at lower cost than locking in carbon intensive energy.
Yet, in June 2020, it was announced that roughly $3.5 USD trillion in announced stimulus, 30% of the total across 17 major economies, including UK, US, India and China will flow into sectors with a high environmental impact – whether on climate change, biodiversity or local pollution.
To avoid making the same mistakes as the GFC and exposing the energy sector to stranded assets and the economy to future shocks it’s vital that stimulus packages are aligned with the energy transition.
This webinar will include a panel of experts discussing the potential to unlock stimulus to realise a sustainable recovery, powered by renewable energy.
It is designed to inform government and energy sector leaders as they consider their next vital steps.
Wärtsilä will convene a panel of energy and policy experts, including leaders from its own operations to share experience of modeling the cost-optimal potential in 145 countries to drive value, in terms of emissions and cost reductions.