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Accelerating energy transition would benefit environment and economy in Panama
Panama, April 21, 2021 – A new study by the United Nations Environment Program (UNEP) shows that integrating the energy transition as part of the post-COVID-19 stimulus and recovery plans will trigger significant benefits, not only for the environment and human health, but also for the economy, including the creation of new jobs.
Drawing on concrete data and developed with a Green Economy Model, The energy transition as a key driver of the COVID-19 economic recovery in Panama demonstrates that an energy transition based on renewable energies and electrification will contribute to the growth of Panamanian GDP and employment in the short term, with substantial increases in the long run.