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COP28: Tracking the Energy Outcomes
…Global tracking indicators Next steps Raising the bar for the next round of NDCs Following the conclusion of the first Global Stocktake process at COP28, countries are developing the second cycle of Nationally Determined Contributions, or NDCs, under the Paris Agreement. Strong ambition and implementation of these NDCs will be crucial in determining the pace at which global greenhouse gas emissions decline over the next decade.The IEA is working with the UN Framework Convention on Climate Change (UNFCCC) Secretariat and sharing data, analysis and policy advice with governments to inform this process.Our Climate Pledges Explorer tracks existing NDCs and net zero targets for more…
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Climate Change
…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. Yet the production and consumption of energy is also…
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Investment
…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, where data is often limited. Participants representing a diverse range of financial institutions are invited to attend an annual event hosted at the IEA headquarters in Paris, and regional summits – the latest held in Singapore – are also organised to encourage broad participation across geographies. Participants representing a diverse range of financial institutions are invited to attend an annual event hosted at the IEA headquarters in Paris, and regional summits – the…
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Energy and Gender
…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 energy policies. This work continues to expand and develop. The initiative, which was formerly known as C3E International, works to improve gender-disaggregated data in the energy sector, honour women in…
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Artificial Intelligence
…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 sector, researchers and civil society.In April 2025, the IEA published Energy and AI, a groundbreaking report that provides the most comprehensive, data-driven global analysis on the energy-AI nexus to date, as well as a follow-up report addressing new trends and questions in April 2026.As the tech sector and energy industry become more intertwined than ever before, the IEA will continue to provide data and robust analysis to inform decision makers…
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Energy Innovation
…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 innovation is critical to the global energy system, delivering advancements that shape how we produce, consume and distribute energy. From the creation of the first steam engine in the 17th century to the development of the wide array of modern energy technologies we use today…
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Access and Affordability
…to electricity, while over 2 billion people continue to rely on harmful cooking fuels such as charcoal, wood, agricultural waste and animal dung – the use of which is a leading cause of premature death and serious health issues in many of the poorest regions of the world.The IEA is at the forefront of efforts to track and address global gaps in energy access. For more than two decades, the Agency has collected and published data on this subject – with a focus on making energy access universal, secure and affordable. To support financial and policy momentum towards these goals, the…
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Fossil Fuel Subsidies
…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 prices, which are calculated based on international prices…
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Critical Minerals
…Additionally, the over-concentration in critical minerals markets today is unprecedented compared with any other major commodity we rely on in the modern world.To support countries as they look to develop sufficient and resilient critical mineral supply chains – a top priority for governments, companies and investors globally – the IEA has been growing its work in this field, expanding its production of high-quality data, analysis and policy recommendations that can inform decision-making among stakeholders. This episode of the IEA's Everything Energy podcast examines the rising strategic importance of key energy-related minerals, featuring conversations with experts on…
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Energy Security
…and a plethora of additional risks, such as the growing threat of cyberattacks and the increasing frequency of extreme weather events. One of the IEA’s key tools is an oil stockholding system that requires member countries to hold stocks equivalent to at least 90 days of their net oil imports. IEA members are also obliged to maintain demand restraint programs to rapidly reduce oil consumption during disruptions.The IEA’s oil emergency response mechanisms have proven to be a key stabilising force in global oil markets. Since 1991, the IEA has coordinated six collective responses to major oil supply…