India, July 20 -- The governments across the world are spending too little on clean energy in comparison to the stimulus allocated for the coronavirus disease (Covid-19) pandemic, the International Energy Agency (IEA) said in a report on Tuesday. It also warned that the rebound from the pandemic is set to drive emissions of greenhouse gases to all-time highs.

"We estimate that full and timely implementation of the economic recovery measures announced to date would result in CO2 emissions climbing to record levels in 2023, continuing to rise thereafter," the IEA said in the report.

The agency highlighted that spending plans the governments across the world on clean energy in this quarter is $380 billion making up just 2% of their total s...