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Global Critical Minerals Outlook 2025 Overview of outlook for key minerals
Demand for critical minerals continues to rise across all scenarios, driven by the rapid deployment of energy technologies Demand for key energy minerals is set to grow rapidly across all scenarios, with the largest source of growth coming from the energy sector. In the Stated Policies Scenario (STEPS), lithium grows fivefold from today to 2040, while graphite and nickel demand double. Demand for cobalt and rare earth elements also grows strongly, increasing 50-60% by 2040. Copper is the material with the largest established market, and its demand is projected to grow by 30% over the same period. Battery deployment…
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Universal Access to Clean Cooking in Africa Executive summary
Clean cooking access is a defining challenge for Africa’s prosperity and social development The world has made immense progress in improving access to clean cooking facilities, but to date momentum has been slower in Africa. Today, 2 billion people worldwide – a quarter of the global population – still cook over open fires or on basic stoves, inhaling harmful smoke and spending hours in search of fuels such as firewood or animal waste. Since 2010, almost 1.5 billion people in Asia and Latin America gained access to modern cooking stoves and fuels, halving the number of people without clean cooking in…
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Global EV Outlook 2026 Manufacturing and trade
Manufacturing and trade of electric cars Global electric car output reached record levels in 2025 while European production rebounded Nearly 22 million electric cars were produced globally in 2025 – up more than 25% compared to the previous year. Of those, about one-quarter were traded between major production and demand centres. China remains the world’s largest hub for manufacturing and trade of electric cars, capturing nearly 75% and 40% of the respective global totals. Primarily led by domestic carmakers, China’s 2025 production of 16 million electric cars outstripped domestic demand by 20%, pushing Chinese electric car exports to double to…
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Global Methane Tracker 2025 Overcoming barriers to abatement
There are gaps in financing, data and capacity Tackling methane emissions from fossil fuel operations represents one of the fastest and lowest-cost opportunities to reduce greenhouse emissions globally. Almost all the available methane abatement measures across the energy sector would be cost-effective to deploy in the presence of a greenhouse gas emissions price of about USD 20/tCO2‑eq. Several factors explain why methane emission reduction measures have not been deployed more widely. For example, companies could be unaware of the scale of the problem or the available solutions. There may be higher-profile opportunities competing for investment resources, or…
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Chemicals
Chemicals
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From farms to fuel: Ukraine’s biomethane opportunity for energy security and European decarbonisation
…In this context, countries with support schemes based on biomethane tariffs and premiums, such as France, Denmark or Italy, have been relatively successful in shielding biomethane prices from recent spikes in natural gas, including during the 2022 energy crisis.Expanding biomethane production can contribute to improving energy supply resilience during the ongoing war while supporting the transition to a more diversified and sustainable energy system over the longer term. Realising Ukraine's biomethane potential, however, will depend less on feedstock availability than on addressing policy, infrastructure and market barriers. Ukraine’s structural advantages in biomethane production Ukraine’s 33 million…
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Global Methane Tracker 2026 Policy trends
Existing policies and regulations would cut energy sector emissions by 25% by 2035 – far short of high-level goals National ambitions to lower emissions have grown significantly in recent years, with many new countries signing onto methane commitments. High-level methane pledges now cover around 80% of global fossil fuel production, up from around 50% in 2021. This includes the Global Methane Pledge (GMP), which today includes more than 150 countries and covers more than 50% of emissions from human activity worldwide. Launched in 2021 at the 26th United Nations Climate Change Conference (COP26), the GMP commits participating countries to…
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Global Energy and Climate Model Stated Policies Scenario (STEPS)
The Stated Policies Scenario (STEPS) has a long pedigree in the International Energy Agency (IEA) family of scenarios. It was introduced in 2019 with this name, but it has much in common with the previous New Policies Scenario that dates back to the 2010 edition of the World Energy Outlook (WEO). The intention of this scenario is to reflect the prevailing direction of travel for the energy system based on a detailed reading of the latest policy settings in countries around the world. It takes into account specific energy, climate and related industrial policies that have been adopted or put…
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China’s Official Energy Finance in Emerging and Developing Economies Case 1. Uzbekistan 1-GW Solar PV Project
Project overview and impact Uzbekistan is beginning a rapid scale-up of renewable power, and large solar projects are essential for meeting its target to increase the share of renewables to 40% of total electricity generation by 2030. This is a strikingly ambitious objective given today’s starting point: in 2023, around 90% of Uzbekistan’s electricity was produced from fossil fuels, mainly in the form of natural gas, while solar and wind together accounted for less than 1%, and renewables more broadly reached only about 10%, almost all of which came from hydropower. At the same time, electricity demand…
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Electricity 2026 Supply
Renewables and nuclear keep growing and setting records Global electricity generation will reach multiple new milestones in our 2026-2030 forecast period. This is particularly the case for low-emissions generation sources – renewables and nuclear – which will continue expanding and setting new records. Renewable energy is now outpacing coal, with nuclear generation simultaneously reaching historic highs. Constrained by growth in low-emissions sources, coal-fired generation globally is forecast to record slight declines, where demand growth through 2030 will be met by renewables, natural gas and nuclear. While trends for individual fuels vary by region, a common theme is the…
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