outweighed increases in stringency Delays and rollbacks in energy efficiency policies Despite more stringent local standards, rollbacks affected close to one-third of the energy demand covered by these standards. In aggregate, the latest NDCs in energy sector mitigation do not imply an acceleration New NDCs were submitted by 134 countries, with mitigation objectives broadly comparable
 in ambition to the 2030 NDCs. Government energy spending but remains above historical levels is set to decline Initial budgets, are expected to decrease by about 15-20% in the next five years. excluding short-term interventions, trade measures affecting energy-related equipment More countries introduced In 2025, 45 new tariff and non-tariff measures specifically targeted energy-related components. State of energy policy in 2025 No change in existing policy 28% 30% 17% 25% Withdrawn, relaxed or postponed Higher stringency As of 2024 As of 2025 No known policies 2030 2015 0 0 600 Cumulative trade measures 500 250 Billion USD 2030 NDCs New NDCs 2015 2035 50 0 Gt CO 2020 2021 2022 2023 2024 2025 Biofuel blending mandates +7 p.p. global coverage Carbon pricing instruments: industry +43 p.p. global coverage Critical mineral policies +35 new policies Energy access policies (since 2024)  +120 new policies Government initial budgets +USD 83 billion Government energy spending +USD 33 billion Trade policies +45 new policies Climate pledges Carbon pricing instruments: power Energy efficiency stringency indicator: air conditioners Flaring standards Oil and gas emergency measures Energy efficiency stringency indicator: industrial motors Energy efficiency stringency indicator: passenger cars -2.5 points Feed-in tariffs -31 p.p. global coverage p.p. = percentage points No change in existing policy 28% 30% 17% 25% Withdrawn, relaxed or postponed Higher stringency No known policies 2030 NDCs New NDCs 2015 2035 50 0 Gt CO outweighed increases in stringency Delays and rollbacks in energy efficiency policies Despite more stringent local standards, rollbacks affected close to one-third of the energy demand covered by these standards. In aggregate, the latest NDCs in energy sector mitigation do not imply an acceleration New NDCs were submitted by 134 countries, with mitigation objectives broadly comparable
 in ambition to the 2030 NDCs. Government energy spending but remains above historical levels is set to decline Initial budgets, are expected to decrease by about 15-20% in the next five years. excluding short-term interventions, trade measures affecting energy-related equipment More countries introduced In 2025, 45 new tariff and non-tariff measures specifically targeted energy-related components. As of 2024 As of 2025 2030 2015 0 0 600 Cumulative trade measures 500 250 Billion USD 2020 2021 2022 2023 2024 2025 State of energy policy in 2025 Biofuel blending mandates +7 p.p. global coverage Carbon pricing instruments: industry +43 p.p. global coverage Critical mineral policies +35 new policies Energy access policies (since 2024)  +120 new policies Government initial budgets +USD 83 billion Government energy spending +USD 33 billion Trade policies +45 new policies Climate pledges Carbon pricing instruments: power Energy efficiency stringency indicator: air conditioners Flaring standards Oil and gas emergency measures Energy efficiency stringency indicator: industrial motors Energy efficiency stringency indicator: passenger cars -2.5 points Feed-in tariffs -31 p.p. global coverage p.p. = percentage points