The EBRD, already at the forefront of climate finance, is committed to making a majority of its investments green by 2025. With the energy sector responsible for more than 70 per cent of greenhouse gas emissions, clean energy needs to be at the heart of the world’s economic response and plans to “build back better” after the Covid-19 pandemic.
In December 2020, the EBRD conducted a survey of senior decision-makers in the energy sector across the regions in which the Bank invests, in order to understand better how to reconcile short- to medium-term emergency pandemic response measures with the longer-term green recovery trajectory.This note summarises respondents’ wide-ranging views on the impact and severity of the crisis and gives an overview of their thoughts on the prospects for recovery.
