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Net Zero Emissions
An increasing number of countries have been making pledges to reduce their emissions to net zero in the coming decades. To inform these efforts, the IEA released a first-of-its-kind Net Zero Roadmap in 2021, outlining what would be required within 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…
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Access and Affordability
“An Affordable and Sustainable Energy System for Sub-Saharan Africa” (Energy Sub-Saharan Africa) is a five-year programme (2019-2024) funded by the European Union. It supports work with Benin, the Democratic Republic of the Congo, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Senegal, Uganda and Zambia, with the aim of promoting sustainable and inclusive economic growth through the transition towards a low-carbon and climate-resilient energy sector, while delivering universal and affordable energy access to all. Today, 730 million people around the world live without access to electricity, while over 2 billion people continue to rely on harmful cooking fuels…
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Russia's War on Ukraine
The new energy world The global energy landscape has changed dramatically The energy sector continues to feel the effects of Russia’s invasion of Ukraine, which in February 2022 sparked the first truly global energy crisis. Two years on, energy prices have pulled back from record highs, but trends vary widely among regions. In many parts of the world, prices are still elevated – holding back economic growth, straining the finances of households and businesses, and complicating efforts to improve access to electricity. Energy markets, faced with an unusually high degree of geopolitical uncertainty, remain on edge.In Ukraine, the energy sector…
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COP28: Tracking the Energy Outcomes
The latest IEA data and analysis on global action to meet the energy goals set at COP28 Nearly 200 countries made major collective pledges on energy at the COP28 climate summit in Dubai with the aim of keeping within reach the Paris Agreement target of limiting global warming to 1.5 °C. For the first time, governments explicitly recognised that to achieve this target, energy-related emissions need to reach net zero by 2050, and they set key goals to help meet this objective – including tripling global renewable energy capacity and doubling global energy efficiency improvements by 2030, and deploying emerging technologies…
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Climate Change
The IEA and the UNFCCC are building consensus on actions to deliver 1.5 °C-aligned energy transitions; and supporting the next round of Nationally Determined Contributions under the Paris Agreement – while deepening existing cooperation on data and capacity building. The IEA and the UNFCCC are building consensus on actions to deliver 1.5 °C-aligned energy transitions; and supporting the next round of Nationally Determined Contributions under the Paris Agreement – while deepening existing cooperation on data and capacity building. The global energy system is the bedrock of modern economies and societies – providing power to everywhere we live and work…
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Energy Innovation
CERT co-ordinates and promotes the development, demonstration and deployment of clean energy technologies. The CERT has established five working parties: the Working Party on Fossil Energy; the Working Party on Renewable Energy Technologies; the Working Party on Energy End-Use Technologies; the Fusion Power Co-ordinating Committee and the Working Party of Industrial Decarbonisation. The CERT has also established an Experts' Group on R&D Priority-Setting and Evaluation (EGRD) to advise on R&D priority-setting, linkages to governmental policy objectives and methods in the evaluation of R&D activities, and an understanding of emerging R&D topics. Energy…
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Energy and Gender
It comprises a number of senior officials from IEA Member countries, facilitating the exchange of best practices on gender equality and inclusion and gender mainstreaming across the energy sector. Women are vital energy consumers, producers and decision-makers who make a crucial contribution to global energy security and energy transitions. Building a more secure, fair and equitable energy future hinges on their active participation.Recognising this, the IEA’s Member countries have asked the Agency to focus on key issues at the nexus of energy and gender, from improving gender data collection to expanding analysis of the gender dimensions of…
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Critical Minerals
Critical minerals are essential for a range of today’s energy technologies and for the broader economy. For example, lithium, nickel, cobalt, manganese and graphite are crucial to battery performance. Rare earth elements are essential indispensable to the permanent magnets used in wind turbines and electric vehicle motors. Electricity networks need a huge amount of aluminium and copper, the latter of which is the cornerstone of all electricity-related technologies. As demand for these materials grows strongly, their strategic importance has also increased – and policymakers have made ensuring secure and resilient mineral supply chains a major priority. Critical Minerals Security…
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Investment
This initiative includes a dashboard that offers free data on financing costs for clean energy projects, tools and analysis to help governments identify and address investment risks, and case studies showcasing successful strategies for mobilising capital. This initiative includes a dashboard that offers free data on financing costs for clean energy projects, tools and analysis to help governments identify and address investment risks, and case studies showcasing successful strategies for mobilising capital. Globally, energy investment by governments, households and businesses is expected to reach a new high of $3.3 trillion in 2025. How this spending is allocated has major…
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Fossil Fuel Subsidies
This approach compares average end-user prices paid by consumers with reference prices that correspond to the full cost of supply. The price gap is the amount by which an end-use price is short of the reference price. Its existence indicates the presence of a subsidy. In a given economy, the basic calculation of subsidies for a product is:Subsidy = (Reference price - End-user price) × Units consumedThese calculations require substantial data. End-user price and consumption data are drawn from IEA data and, where necessary, from government sources and other reports. The estimates are also sensitive to reference…