In June, temperatures in Siberia reached 38°C – another telling sign that the dress rehearsal for climate change is over. However, 2020 could be the year that kickstarts the world into taking serious action. The COVID-19-caused drop in carbon emissions and increase in major government spending could inspire a transformation in line with the Paris Agreement and the ambition of the European Union to become climate neutral by 2050.
Governments across the world now face the daunting task of recovering as fast as possible from the worst economic shock since the Great Depression, while at the same time taking action against climate change and creating jobs. Future generations will hold them accountable if they fail to deliver a recovery in line with a sustainable future.
- What must be done for the EU – and the world at large – to emerge from the COVID-19 crisis with a modern, cleaner energy system?
- How will the EU allocate money to ensure that economic recovery is consistent with the European Green Deal?
- What can the EU do to get global players on board for a sustainable recovery?
Partner in the Sustainability Practice of McKinsey & Company
Managing Director for Renewables Global Business Line at ENGIE
Vice-President for Climate & Economics at the World Resources Institute (WRI)
Head of Public Affairs, Regulation and Antitrust for Europe at Enel Group
Head of Cabinet of Executive Vice-President Frans Timmermans
Deputy Ambassador of the United Kingdom to the EU