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Global Methane Tracker 2025 Regional insights
Central and South America The fossil fuel sector in Central and South America emitted around 8 Mt of methane in 2024, about 45% of which were from oil and gas facilities in Venezuela. Oil and gas facilities are the main sources of methane emissions in Venezuela, Argentina and Brazil, and coal mines are the largest source in Colombia.The upstream methane emissions intensity of oil and gas operations in Venezuela is six times the global average, and its flaring intensity is ten times the global average. Operations in Argentina and Ecuador are around twice the global average, while Brazil and Colombia…
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Industry
Industry
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Energy Security
The IEA has been at the heart of international energy security for 50 years – working to avoid, mitigate and manage energy disruptions and crises. While the Agency’s mandate initially centred on oil security, its work has since broadened to include the security of natural gas, electricity and clean energy supply chains.Threats to energy systems are constantly evolving. The IEA continually monitors and analyses these threats, including geopolitical risks, cyberattacks on energy infrastructure, supply chain disruptions and extreme weather events. On 24 and 25 April, 2025, the IEA convened an International Summit on the Future of Energy Security, hosted by the…
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Austria 2026 Executive summary
Austria has one of the most ambitious climate and energy targets in the world; achieving them requires actionable delivery strategies and adequate funding. The country’s commitments to climate neutrality by 2040 – a full decade ahead of the European Union (EU) – and a 100% renewable share in the national annual electricity balance by 2030 are bold. These goals are underpinned by a large hydropower fleet (accounting for around 60% of electricity generation), including 5.6 gigawatts (GW) of pumped hydro storage and a nationwide smart meter roll-out. Austria has the highest share of renewable energy in electricity consumption in the…
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Grid investments
Multiple benefits of Energy Efficiency 2025 Energy efficiency provides multiple benefits. This page explores grid investments. Why is energy efficiency important for grid investments? As we enter the Age of Electricity, global electricity demand is rising rapidly – and so is the demand for the expansion of electricity grids. Energy efficiency can help close the gap between supply and demand, but often at a lower cost, and more quickly, than new generation and grid expansion. Key facts On average, energy efficiency costs less than half the amount it would cost to build new generation capacity and grid infrastructure, per unit of…
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China’s Official Energy Finance in Emerging and Developing Economies Case 5. Silk Road fund commitment in African Infrastructure Investment Fund IV
Project overview and impact Africa’s energy sector faces a persistent investment shortfall, with annual clean energy spending needing to grow more than six times by 2035 to achieve net zero emissions by 2050. Equity funds have become an important channel for mobilising capital into markets where project-level financing remains constrained by high costs of capital, currency risk and a shortage of scalable, investable project structures. Against this backdrop, the Silk Road Fund (SRF) committed USD 50 million to the African Infrastructure Investment Fund IV (AIIF4) in 2023. The AIIF4 is a pan-African infrastructure fund managed by African…
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Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap Policy recommendations for the coming 2-3 years
Prioritise deployment of renewables to boost energy security and create an enabling environment for future hydrogen development Ukraine currently lacks adequate power generation capacity and restoring energy security must be a priority. Any activity focused on accelerating deployment of renewables will have positive spillover effects for hydrogen, by building experience across the workforce and companies and helping to build confidence among potential investors. This will also indirectly reduce the cost of capital by reducing the uncertainties related with renewable electricity generation. Similarly, any efforts related to permitting and administrative processes for renewables can also support the creation of standardised processes…
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Ensuring a Strong Labour Dimension for Just and Inclusive Energy Transitions
IEA Clean Energy Labour Council Workers play a critical role in the global energy system, providing key services across many areas of the energy sector. To give a greater voice to the labour perspective in energy and climate policy discussions, the IEA Executive Director, Dr. Fatih Birol, convened the Clean Energy Labour Council in 2022. The Labour Council brings together representatives of the world’s most important national trade unions and trade union confederations, as well as prominent thinkers on the topic, to foster engagement between the IEA, energy policy makers, and the labour movement.The IEA Clean Energy Labour…
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Chile
Chile’s energy policy has evolved dynamically in recent years. In response to changes in the domestic and international environment, significant institutional and policy reforms as well as major infrastructure projects have been carried out. In 2022, Chile’s Ministry of Energy published an update to its the Long-Term Energy Policy (PELP, first published in 2015), which re-emphasises the pledge to net-zero, laying out a clear decarbonisation pathway that addresses all sectors of the national economy.
Based on its excellent renewable energy resources, Chile has taken a globally leading role in clean energy, and emerged as a…- Overview
- Energy mix
- Emissions
- Electricity
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Financing the ASEAN Power Grid
The Association of Southeast Asian Nations (ASEAN) has a long history of electricity system connectivity, and the development of the ASEAN Power Grid (APG) is central to achieving a sustainable, secure and affordable energy transition across the region. Delivering the APG will require a significant step‑change in investment over the coming 15 years, and unlocking financing from a diverse range of sources will be essential for this to happen. Yet financing approaches and business models have not evolved at the pace required to support an increasingly ambitious and complex pipeline of interconnector projects.This report examines how interconnectors are approached…
