Around $ 267.10 billion of public money to support different energy types was committed by G20 countries.
Over 55% or $ 150.81 billion of public money committed by G20 countries is allocated for supporting fossil fuel energy.
Out of this $ 126.91 billion is devoted to oil and gas.
On the other hand, clean energy gets only $ 88.63 billion of the total public money.
This is despite repeated warnings against the use of fossil fuel in recovery plans by inter-governmental bodies like
International Energy Agency (IEA)
The United Nations
In its Clean Energy Transition Summit, IEA attempted to encourage the participating countries to build their recovery plans and investment strategies in line with clean energy transition goals.
The public money invested in fossil fuel by countries translates to $ 32.89 per capita whereas for clean energy, it is $ 19.33.
Fossil fuel recovery as a component of the energy mi is the widest in the United States.
Brail is the only country in G20 to stay away from supporting fossil fuels.
The other countries whose commitments for clean energy rank higher than those for fossil fuels are
China
Germany
India
Japan
The United Kingdom
In the present crisis, it is vital to reinvent recovery methodologies for a green and clean future.
Investing in fossil fuels will aggravate the grim situation of the environment and global warming.