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Stepping Up the Value Chain in Africa Executive summary
…the combined market value of which exceeded USD 230 billion in 2024. Nascent markets for low-emissions materials and chemicals like steel, aluminium and ammonia could see steep growth rates in the future, depending on how quickly related technologies and supply chains develop over the coming years.The economic rewards associated with these supply chains are – as yet – distributed very unevenly between countries. Africa as a whole currently captures less than 1% of the value generated from the manufacturing of clean energy technologies and their components. This is despite supplying large shares of the global demand for key unprocessed critical minerals – around…
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Energy Efficiency Policy Toolkit Financing Energy Efficiency
…4 trillion in 2026, a 5% increase from 2025. Clean energy investment is projected to remain around USD 2.2 trillion, representing nearly two‑thirds of total energy spending and continuing to outpace fossil fuels. Investment in electricity systems such as grids, storage, and electrification, is increasingly driven by energy security concerns and rising electricity demand. Energy efficiency also remains essential to strengthening system resilience, reducing costs for consumers and businesses, and lowering greenhouse gas emissions. Accelerating the uptake of efficient technologies across buildings, industry, and transport is therefore critical to maximising the benefits of the global energy transition.Investment patterns, however, remain uneven…
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What Next for the Global Car Industry Policy and strategic actions
…Where the car industry aims at pursuing electrification strategies, there are public and private sector actions that can help to close cost gaps and ensure competitiveness. These actions cover five key areas: ensuring sufficient demand and capital to unlock economies of scale and “learning-by-doing”; scaling up battery manufacturing and the skills to support it; selecting the most competitive battery chemistries and innovating the next generations; securing dependable critical minerals supplies; and minimising energy costs for manufacturers.Each country and region has its own strengths and priorities, and national circumstances vary. But there are five main archetypes that can…
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Paraguay
Paraguay established renewable energy targets in its National Development Plan 2014–2030. The country’s goal is to reach 60% of renewable energy in total energy consumption by 2030. By the same year, Paraguay aims to reduce by 20% the share of fossil fuel within its total energy consumption.
- Overview
- Energy mix
- Emissions
- Electricity
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Global Hydrogen Review 2024 Progress summary dashboard
Note: 2024e = Estimated based on announced projects. FID = Final Investment Decision.
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Russia's War on Ukraine
…look to strengthen their energy security. At the same time, cleaner alternatives to fossil fuels are growing faster than ever. Due in part to policies unveiled by governments after February 2022, the world’s capacity to produce renewable power is expanding at a remarkable place , while the popularity of clean technologies such as electric vehicles and heat pumps is surging. The biggest legacy of the global energy crisis triggered by Russia's invasion of Ukraine may be that it accelerates the end of the fossil fuel era - with IEA projections now showing that under today's policy settings, demand for oil…
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Global Hydrogen Review 2026 Policy
…and China, are on track to achieve their 2030 targets.To support demand creation, the European Commission has proposed a low-emissions steel quota for public procurement, and a quota for low-emissions steel used in cars and vans to contribute to CO2 emissions reduction targets as part of the Automotive Package. By early June 2026, transposition of the EU Renewable Energy Directive into national legislation had been finalised in 13 member states for the transport sector, creating demand for more than 575 ktpa of low-emissions hydrogen.China announced a city clusters programme with a total funding of USD 1.1 billion, aiming…
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Jamaica
The government of Jamaica adopted a national Energy Policy in 2010 , which establishes a goal of 20% of renewable energy in the energy mix by 2030. This Strategic Framework also addresses both the supply and demand energy issues that the country faces.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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World Energy Outlook 2022 Energy security in energy transitions
…energy services. Key findings Synchronise scaling up a range of clean energy technologies with scaling back of fossil fuels. Investing in clean energy is key to avoid future crises while reducing emissions. In the Net Zero Emissions by 2050 (NZE) Scenario, around USD 9 is spent on clean energy by 2030 for every USD 1 spent on fossil fuels. Cutting investment in fossil fuels ahead of scaling up investment in clean energy pushes up prices but does not necessarily advance secure transitions. High fossil fuel prices could make it 10‑25% more expensive for fossil fuel importers to meet climate goals.Tackle the demand…
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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…
