Siemens Gamesa Joins EU Green Recovery Alliance for Sustainability

By Sharada Prahladrao

Industry Trends

Siemens Gamesa has joined a group of 270 executives from Europe’s top companies and banks, EU politicians, and industry bodies to have signed up to the EU’s Green Recovery Alliance that aims to drive a sustainable recovery path in the wake of the coronavirus crisis.

The Alliance was established by MEP Pascal Canfin, who has urged the EU not to forget about the climate crisis, but instead use the health crisis as an opportunity to reboot the European economy by investing in a green-led recovery.  Such investments would not only aid the transition to a carbon neutral economy by 2050 as per the EU’s Green Plan, but would also serve to create jobs and boost economic growth after a widely expected downturn.  In early April, Siemens Gamesa also joined The International Renewable Energy Agency’s (IRENA) Coalition for Action with over 100 leading renewable energy players calling for the sector to be at the core in leading a sustainable recovery from the coronavirus crisis.

Keywords: Green Recovery Alliance, Europe, Siemens Gamesa, Coronavirus, Sustainable, ARC Advisory Group

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