Total global energy demand is forecast to decline by roughly 6% in 2020 – the single biggest drop in energy demand in recorded history, equivalent to the total annual demand of Germany, France, Italy, and the UK combined.
This is a small silver lining against an otherwise challenging backdrop and an opportunity for policymakers and investors alike. Observing the global policy response to the Covid-19 crisis, it is clear that governments are willing to do "whatever it takes" to drive the economic recovery, pushing us into a new paradigm of policy making. Private and institutional investors must step up in the race to achieve Agenda 2030 We have been here before. After World War II, US President Franklin D. Roosevelt catalysed the foundation of the United Nations to secure global peace, while th...
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