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Global EV Outlook 2026 Trends in electric cars
Electric car sales Electric car sales topped 20 million globally in 2025 One in four new cars sold worldwide was electric in 2025The electric car market reached new highs in 2025, growing by 20% from 2024 to exceed 20 million sales, in line with expectations in the 2025 edition of the Global EV Outlook. The sales share of electric cars in the overall car market increased to 25%. This marked the fifth consecutive year in which annual electric car sales increased by about 3.5 million, a trend that began in 2021 after the Covid‑19 pandemic. As a result, about 5% of the…
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Global Critical Minerals Outlook 2025 Innovation in mining, refining and recycling to promote diversification
…improve the energy efficiency of production processes, and reduce water consumption, waste generation and emissions all along the supply chain. These innovations can help achieve various policy goals: improving security of supply, enhancing production and operational efficiency, boosting yield rates, lowering environmental and social impacts, and shortening project timelines. A range of emerging innovations hold the potential to transform mineral production. Examples include the lowering of energy and capital intensity of rare earths production by leveraging ionic adsorption clay deposits (IAC); boosting overall supply levels for lithium through the commercialisation of direct lithium extraction (DLE); reducing energy and emissions intensity…
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Financing Clean Energy in Africa Executive summary
A dramatic increase in energy investment into African countries is essential Multiple recent crises have made it increasingly challenging for many African countries to raise financing to support their clean energy ambitions, despite the continent’s huge needs and rich and varied resources. Africa accounts for around 20% of the world’s population but attracts less than 2% of its spending on clean energy. In recent years, African countries have had to deal with a series of overlapping crises, including the Covid-19 pandemic, the energy and food crises following Russia’s invasion of Ukraine and worsening climate risks. Borrowing…
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Scaling Up Transition Finance Executive Summary
…and sectors shift over time towards sustainable practices aligned with long-term climate and development goals. Transition finance faces complex definitional challenges, which have slowed its adoption. Nonetheless, it could play an essential role in global energy investments. Today, transition finance flows remain modest, but scenarios consistent with national or global emissions reduction targets suggest that USD 400-500 billion per year in transition finance could be mobilised over the next decade—equivalent to USD 4-5 trillion cumulatively. This is comparable in scale to the current global green bond market.With its focus on sectors where emissions are hard…
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World Energy Investment 2025 Middle East
The Middle East is rich in a wide range of energy resources, which it is looking to develop with a mix of foreign and domestic sources of investment The Middle East holds some of the lowest-cost oil and gas resources in the world, and in 2024 provided around 30% of global oil production and 17% of global natural gas production. Saudi Arabia’s upstream oil and gas investment is the highest in the region, and is set to reach about USD 40 billion in 2025, nearly 15% higher than in 2015. Overall, the Middle East is set to invest about USD 130 billion…
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World Energy Investment 2025 India
…domestic manufacturing of key energy components such as batteries and solar PV modules, and in transmission and distribution. While a large share of the investment in India’s power generation capacity and transmission networks is met by domestic sources, foreign direct investment (FDI) has been growing steadily, reaching USD 5 billion in 2023, nearly double the pre-coronavirus (Covid-19) levels. This is promoted in part by rules permitting 100% FDI across electricity generation sources (with the exception of nuclear) and transmission infrastructure. However, foreign portfolio investment in energy has declined in the past two years due to a range of macroeconomic…
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Global Energy Review 2026 Technology: Solar PV and wind
…consecutive year that renewables set new expansion records. Solar PV accounted for more than three-quarters of new renewable capacity additions worldwide, followed by wind (20%). The remaining share was made up by hydropower, bioenergy, geothermal, concentrating solar power and marine energy. Solar PV capacity additions in 2025 rose by around 12%, surpassing 600 GW for the first time. This expansion brought cumulative solar PV capacity to around 2 800 GW, becoming the technology with the largest installed capacity globally. Thirty countries installed over 1 GW of solar PV in a single year, almost twice as many as in 2020…
- Key findings
- Global trends
- Oil
- Natural gas
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Stepping Up the Value Chain in Africa Executive summary
…that are essential inputs to their production. African countries have the potential to change this, tapping into opportunities that can enable economic growth and job creation, as well as supporting domestic efforts to expand access to affordable energy, digitalise, and diversify their economies. This report explores three key elements of these opportunities on the African continent: critical minerals beneficiation; production of low-emissions, energy-intensive commodities; and clean energy technology manufacturing. From extraction to beneficiation of critical minerals Africa is already a major supplier to the global market for many minerals such as cobalt, manganese, bauxite and platinum‐group metals…
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Global Methane Tracker 2025 Regional insights
…Routine Flaring by 2030 Initiative or the Global Methane Pledge, and near zero upstream methane targets set as part of the OGDC or the OGMP 2.0. In the NZE Scenario, fossil fuel methane emissions in the region fall by around 75% by 2030 and by 85% by 2035, with comprehensive action to deploy all methane abatement measures in the industry. China China is the world’s largest emitter of methane and coal mines are its main source of energy-sector methane emissions. China produces and consumes more than half the global supply of coal. Emissions have risen in tandem...
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Universal Access to Clean Cooking in Africa Implications and policy considerations
A new recipe for success? Progress on clean cooking requires efforts from a wide range of stakeholders. These include efforts to enhance countries’ policy frameworks, address consumer affordability and other barriers to adoption, cultivate a skilled workforce and mobilise additional financing to the sector – themes discussed in this chapter.Access to low-cost debt will be key for companies to grow their customer base quickly. In the ACCESS, the share of debt financing in the sector increases from 35% today to over 50%. This depends on more financiers being able to assess and appropriately price risk clean cooking companies and…
