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COP28: Tracking the Energy Outcomes
…tripling global renewable energy capacity and doubling global energy efficiency improvements by 2030, and deploying emerging technologies, such as low-emissions hydrogen and carbon capture.The IEA, in collaboration with the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat, is tracking progress towards the energy objectives established at COP28. This forms part of our broader work, at the request of governments, to support the full and timely implementation of the energy promises made in Dubai by identifying pathways forward and providing policy makers with advice on accelerating national and secure clean energy transitions. The IEA's landmark 2024 report…
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Energy and Water
…Southeast Asia – though half of global installed capacity is located in the Middle East and North Africa. Renewables can help ease the energy sector's water problem In a scenario in which global energy sector emissions reach net zero by 2050, water withdrawals by the energy sector decline by almost 20 bcm by 2030. The biggest reductions happen in the power sector, where withdrawals fall nearly 15% as coal-fired power generation is quickly replaced by solar PV and wind. Greater energy efficiency also plays an important role in reducing the volume of water needed to meet global energy demand.
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Investment
…impact. Analyses such as our flagship World Energy Investment report, published annually, explore how investors are assessing risks and opportunities across all areas of fuel and electricity supply, critical minerals, energy efficiency, research and development and energy finance.The Agency also supports governments and industry as they work to reduce barriers to investing in secure, affordable and clean energy. Our analysis is designed to enhance transparency around economic and financing trends, the cost of capital and profit dynamics. We also explore how capital markets and innovative financing instruments can drive greater investment in the energy sector – especially in emerging and developing economies…
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Climate Change
…clean energy technologies in recent years – including electric cars, solar PV and batteries – has kept the door to 1.5 °C open. Yet meeting this target would require much faster progress on a much larger scale, IEA analysis shows – with even greater international co-operation and ambition from policy makers, as well as the swift and full implementation of the energy commitments made at the COP28 climate summit in Dubai. These include the global 2030 pledges to triple renewable power capacity, double energy efficiency progress, substantially reduce methane emissions, and accelerate the transition away from fossil fuels. Clean energy growth…
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Saving Energy
…8% of your heating energy and cut EUR 100 off an average bill. You may have to have the plumber come once if you have a complex modern combi boiler and can’t figure out the manual. Make sure you follow local recommendations or consult your boiler manual. Swap a bath for a shower to spend less energy heating water. And if you already use a shower, take a shorter one. Hot water tanks and pipes should be insulated to stop heat escaping. Clean wood- and pellet-burning heaters regularly with a wire brush to keep them working efficiently.3…
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Net Zero Emissions
…the energy sector to achieve this goal at the global level by mid-century. An update to the Roadmap, which has served as an essential benchmark for policy makers, industry, the financial sector and civil society, was published in 2023.The Roadmap is based on the IEA’s Net Zero Emissions (NZE) Scenario, which portrays a pathway for the global energy sector to achieve net zero carbon dioxide (CO2) emissions by 2050 while maintaining energy security. This scenario is consistent with keeping long-term global warming to 1.5 °C with limited overshoot. It also aims to meet key energy…
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Access and Affordability
…momentum towards these goals, the IEA and its partners hosted the landmark 2024 Summit on Clean Cooking in Africa, which led to $2.2 billion in financial commitments from governments and industry for clean cooking. The second IEA Summit on Clean Cooking in Africa will take place in Nairobi, Kenya, in July 2026. The project by the IEA and Power Africa draws on the IEA’s expertise to support governments with data-driven insights as they work to expand electricity access. Access to electricity This open-source GIS tool, developed in collaboration with the MIT Energy Initiative, was designed to…
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Artificial Intelligence
…uncertainties remain, AI has the potential to transform the energy sector in the coming decade. It is set to drive a surge in electricity demand from data centres around the world while also unlocking significant opportunities to cut costs, enhance competitiveness and reduce emissions.To better understand the growing connections between energy and AI, the IEA launched a major new initiative in 2024: Energy for AI, and AI for Energy. As part of this work, the IEA organised the Global Conference on Energy and AI, a first-of-its-kind platform for dialogue among governments, the energy industry, the tech…
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Energy and Gender
…positions has been rising faster than the economy-wide average since 2015. Renewables and nuclear have seen particularly strong progress, while there have only been marginal gains in oil and gas supply, and coal witnessed declines. Women’s share of leadership roles in the energy sector now stands at 18% – up from 13% in 2015, but still below the economy-wide average of 25%. Nearly one in three people lack access to clean cooking, disproportionately affecting women and children Women disproportionately endure the negative consequences of a lack of access to clean cooking fuel supplies. In addition to health risks…
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Energy Innovation
…analyses on energy innovation also provide crucial insights that equip the huge range of stakeholders in this space to make effective decisions and pursue ambitious goals – from academics and researchers to start-ups, established companies, investors, philanthropic organisations, policymakers and regulatory bodies.Our annual State of Energy Innovation report also provides a comprehensive, data-driven assessment of recent progress and emerging challenges in energy technology innovation. The IEA Technology Collaboration Programmes (TCP) are independent, international groups of experts that enable governments and industries from around the world to lead programmes and projects on a wide range of energy technologies and…