G20 stimulus packages 'missed opportunity' to accelerate green energy, analysis finds

clock • 3 min read

The UK could reach a 60 per cent renewable power system by 2025 were it to shift Covid-19 energy sector recovery funds from fossil fuels to green power, report concludes

Stimulus packages aimed at supporting the recovery of G20 countries' energy industries are heavily weighted in favour of fossil fuels, marking a significant "missed opportunity" to accelerate the transition...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Toby Hill

View profile
More from Toby Hill

'Indispensible': Can the carbon offset market bolster its credibility?

Sadiq Khan pledges 170,000 London green jobs in mayoral re-election pitch

More on Energy

OVO launches first Climate Transition Plan
Energy

OVO launches first Climate Transition Plan

Energy firm declares home heating the 'next front line in the climate fight' in its inaugural Climate Transition Plan

Stuart Stone
Stuart Stone
clock 25 June 2025 • 3 min read
Report: Global renewables progress off track, despite record increases in capacity
Energy

Report: Global renewables progress off track, despite record increases in capacity

Renewables investment is setting new records, but REN21 warns trade barriers, market uncertainty, and policy gaps mean the world remains off track to meet global goal of tripling renewables generation by 2030

Michael Holder
Michael Holder
clock 24 June 2025 • 3 min read
Chris Stark: The UK should aim to be one of the new 'electrostates'
Energy

Chris Stark: The UK should aim to be one of the new 'electrostates'

Head of government's clean power mission argues the UK can enhance its energy security and economic prospects by embracing the new era of electrification

James Murray
James Murray
clock 24 June 2025 • 4 min read