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Scaling Up Transition Finance
…cost-competitive. This is where transition finance comes in: it can help emissions-intensive countries, companies and sectors shift over time towards sustainable practices that are aligned with long-term climate and development goals.In this new report, the International Energy Agency (IEA) provides analyses to map the landscape for transition finance, explains why it matters, and highlights approaches that could move the debate forward.The report also examines the role of transition finance in the steel and cement, critical minerals, and the natural gas sectors. It further presents findings from a survey of financial institutions on transition finance, along…
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IEA Guide to Reporting Energy Technology RD&D Budgets
This manual, developed by the International Energy Agency (IEA), provides comprehensive guidance for national experts responsible for reporting energy technology research, development, and demonstration (RD&D) budgets. It outlines the methodology and classification system used to collect and structure RD&D data across IEA member countries, ensuring consistency and comparability. The manual is divided into two main sections: fundamentals of RD&D budget reporting and a detailed classification of energy technologies. It defines RD&D in alignment with the OECD Frascati Manual and clarifies the scope of public and private sector reporting. It also provides instructions for completing the IEA…
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Gaining an Edge
…compete amid high costs, growing demand, and rising trade pressures. In today’s global context, energy efficiency is not only a matter of energy policy, but also of economic policy.The report analyses historical progress in industrial energy efficiency and its role in enhancing industrial competitiveness. It includes comparisons of firm-level energy efficiency, identifying performance gaps and opportunities for further improvement. Drawing on a new IEA survey of 1 000 firms across 14 countries, it provides insights into industry perspectives. The report also highlights emerging opportunities in energy efficiency markets and offers recommendations for policymakers, along with relevant case studies.
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Cost of Capital Observatory
Tracking the cost of capital for clean energy projects in emerging and developing economies The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.The Observatory is divided into three sections:A Dashboard that provides free data on the cost of capital for energy projects in emerging and developing economies, updated with 2023 and 2024 data in July and…
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Economic growth
Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores economic growth. Why is energy efficiency important for economic growth? Energy efficiency allows countries to generate more economic activity using the same amount of energy. It is also linked to increased labour productivity and other economic benefits. Key facts Compared with 2000, today’s global economy produces 36% more GDP per unit of energy. Energy efficiency progress over the last 20 years means that close to an extra USD 50 trillion can today be produced using the same amount of energy. This energy efficiency bonus is equivalent to…
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Universal Access to Clean Cooking in Africa
…a new report, Universal Access to Clean Cooking in Africa: Progress update and roadmap to implementation, the International Energy Agency (IEA) provides an updated picture of where things stand today, where efforts are gaining ground, and where urgent action is still needed. This includes tracking the implementation of the USD 2.2 billion in public and private commitments made at the 2024 Summit on Clean Cooking for Africa, which the IEA co-hosted with the President of the United Republic of Tanzania, the Prime Minister of Norway, and the President of the African Development Bank Group.The report introduces a…
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Integrating Distributed Energy Resources in China
…Europe, Japan and the United States. Through cross-country comparison, the analysis identifies lessons and best practices that are relevant to China’s evolving power sector and regulatory landscape. It offers insights into the role of policy, regulation, market design, digital infrastructure and institutional frameworks in unlocking the full potential of DERs.The report provides tailored policy guidance to support Chinese decision makers in designing effective strategies for DER integration through 2030 and beyond. At the same time, it can serve as a valuable reference for Chinese and international experts working to develop coherent, forward-looking approaches to DER integration.
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Clean Energy Transitions Programme 2024
Annual report 2024 The Clean Energy Transitions Programme (CETP) is the International Energy Agency’s flagship initiative for accelerating clean energy transitions worldwide. Since its inception in 2017, the CETP has played a vital role in tackling the diverse challenges of energy transitions across the globe, fostering partnerships and providing tailored, actionable solutions. The programme is structured around three key pillars: directly supporting national transitions; strengthening multilateral co‑ordination; and delivering global analysis to inform policy dialogue.With significant milestones achieved in 2024, the CETP has supported over 320 high‑level meetings with policy makers, conducted 735 workshops and technical exchanges with…
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Kenya 2024
…and the IEA, whose strong partnership achieved an important milestone in 2023 when Kenya joined the IEA family as an Association country.The review leverages the IEA’s extensive knowledge and the inputs of expert peers from IEA member countries to assess Kenya’s most pressing energy challenges and provide recommendations backed by international best practices, especially as Kenya revises its 2018 Energy Policy to adapt it to current energy trends and needs.The report highlights Kenya’s leadership in areas such as promoting universal access to modern energy and developing its renewable energy capacity, especially geothermal. It also encourages…
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Ramping up Heat Pumps in Moldova: A Roadmap
…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 the country’s commitment to…
