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Affordability
…who spend more on energy. Policies can consider these distributional effects and explicitly target lower-income households, in an effort to tackle energy poverty and ensure that a larger share of the benefits accrue to them. A closer look at affordability in emerging economies In emerging and developing economies, improved efficiency can increase the use of energy services as more disposable income becomes available. Improved access to services such as air conditioners, lighting, and clean cooking can lead to higher comfort and quality of life. As a result, the energy savings of efficiency measures can be initially lower than…
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Jobs
…energy efficiency accounts for an even higher share of energy sector jobs than in areas with lower unemployment. Meanwhile, other energy sector jobs are more prevalent in areas with lower unemployment rates. Energy efficiency investments also contribute to enhance the quality of jobs in other industries. Firms that invest in energy efficiency can significantly improve the quality of the working environment, with efficient lighting that provides increased visual comfort, or efficient ventilation systems that enhance air quality. By freeing up businesses’ spending through reduced energy bills, energy efficiency helps minimise cost pressures and supports employers in safeguarding jobs. Need more…
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COP28 Tripling Renewable Capacity Pledge 2025: Update
Tracking countries’ ambitions COP28: Tracking the Energy Outcomes Nearly 200 countries made major collective pledges on energy at the COP28 climate summit in Dubai with the aim of keeping the Paris Agreement target of limiting global warming to 1.5 °C within reach. For the first time, governments set key goals to help meet this objective, including tripling global renewable electricity capacity by the end of this decade. In June 2024, the IEA published COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap, which provided a global stocktake of renewable capacity plans to assess…
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Pledges to Progress 2025
…the efforts reported by the oil and gas industry to achieve the goals set out in the OGDC. The framework is detailed in the 2024 report Turning Pledges into Progress.This progress report is the first assessment of the largest 116 oil and gas companies against the 25 metrics. The assessment covers companies that make up 80% of global oil and gas production and considers both OGDC signatory and non-signatory companies. This report aims to provide oil and gas companies, governments, investors, civil society and the public with an assessment of the actions companies are taking towards fulfilling the ambitions…
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What Next for the Global Car Industry
…shifted to emerging economies including China since the turn of the century, with around half of global sales now in these regions. Production has also grown unevenly in different regions, especially since the pandemic. China’s car output reached a record 27 million in 2024, when it also became the world’s largest car exporter.This IEA Special Report, released as part of the IEA’s Energy Technology Perspectives (ETP) series, aims to provide technology and market insights to assist decision makers in government and industry who are seeking to identify the key drivers of competitiveness in electric car manufacturing.
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Ramping up Heat Pumps in Moldova: A Roadmap
Buildings account for more than half of Moldova’s final energy consumption, with three-quarters of that used for space and water heating. At the same time, Moldova lacks domestic hydrocarbon resources and imports more than 80% of its primary energy. Heat pump technology offers Moldova an effective means of accelerating the transition in building heating.The recent expansion of Moldova’s solar and wind capacity also means that heat pumps can now play a greater role in cutting greenhouse gas emissions and lowering local air pollution. Finally, Moldovan’s 2024 referendum, endorsing the goal of European Union membership, underscores…
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National Climate Resilience Assessment for Algeria
…more than 100 degree days per decade, while heating degree days (HDDs) decreased by around 70 degree days per decade, significantly driving up cooling needs. Between 2022 and 2024, residential electricity demand increased by 15%, much of which was due to higher usage and uptake of air conditioning. Future heatwaves and extreme temperatures could pose a risk to Algeria’s electricity security. By mid-century, more than 70% of Algeria’s gas-fired power plants are projected to face at least 40 days with a maximum temperature above 35 °C or more, in all global warming scenarios assessed. High temperatures decrease the nameplate…
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Sustainable Transport for Georgia: A Roadmap
…While transport covers many fuels and technologies, this roadmap focuses primarily on reducing emissions and energy use in road transport while improving accessibility, performance and safety. It also provides guidance for non-governmental organisations (NGOs), development financiers and the private sector.This roadmap begins with an outline of Georgia’s institutional and policy framework, followed by the broader context, highlighting transport’s role in the economy and its environmental impacts. It reviews transport’s effects on people’s lives, including both benefits (access to goods and services) and drawbacks (congestion, air and climate pollution, and road injuries and deaths).Since…
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Land-Use Competition between Biodiversity and Net Zero Goals
…on an assessment by the International Energy Agency (IEA), tripling the capacity of renewables globally requires allocating up to an additional 600 000 km² of land – an area the size of France – to utility-scale solar PV and onshore wind power by 2030, and 2 million km² by 2050. In parallel, the IEA estimates that demand for key energy transition minerals – cobalt, copper, graphite, lithium, nickel and rare earth elements (REEs) – is projected to increase at least fivefold by 2030, requiring more land for mining and processing these minerals. At the same time, the Kunming-Montreal Global Biodiversity Framework aims to protect 30% of…
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Oil Market Report - June 2025
…Conversely, plans by OPEC+ to accelerate the unwinding of voluntary output cuts added to the prospect of comfortable 2H25 balances. Geopolitical risk in focus Global oil markets were roiled by a rapid escalation in geopolitical tensions after Israel launched a series of air strikes on targets in Iran on 13 June and Tehran retaliated. The two countries have fought a shadow war for decades, but the current conflict is the most severe, with energy infrastructure also targeted for the first time. While there was no impact on Iranian oil flows at the time of writing, fears of a widening regional…
