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Renewables for Industry Executive summary
Electrification of heat can improve efficiency, help diversify industrial energy, and enhance energy security A broad range of industries that depend primarily on low-temperature heat and steam processes represent roughly 70% of global industrial energy consumption. They span diverse manufacturing activities – from food and beverages to textiles, chemicals, transport equipment, wood products and paper. In 2023, these sectors emitted nearly 3 Gt of direct energy-related CO₂, accounting for half of all direct industrial emissions, although emissions have declined by around 8% since 2013.Industrial energy use is largely in the form of heat and is increasingly being supplied…
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Mexico
Mexico’s energy and economic profile presents both challenges and opportunities as a major oil producer, exporter and through its growing domestic energy demand. Mexico was the first large oil producing emerging economy to adopt climate legislation in 2012 and has seen growth in renewable electricity generation from wind and solar, which almost tripled from 2015 to 2022. However, strong action is needed across all sectors to reduce reliance on fossil fuels and bring down greenhouse gas emissions.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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China’s Official Energy Finance in Emerging and Developing Economies Case studies
China’s outbound energy engagement spans a wide range of technologies, financing structures and institutional actors. While aggregate trends reveal a system that is becoming more diversified, risk-sensitive and commercially oriented, the specific pathways through which Chinese capital supports energy transitions in EMDE become clearer when examined at the project level.The following case studies illustrate this diversity in practice, from large-scale renewable deployment and grid modernisation to industrial decarbonisation, equity participation in regional infrastructure platforms and upstream resource development. Together, they show how different parts of China’s official financing system interact with local conditions, how technical…
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Fossil Fuels
Adopt policies and regulations to reduce emissions from oil and gas supply
Policies should encourage operators to maximise abatement opportunities at the early stages of project planning and development, in addition to incentivising better management of existing facilities. Regulatory measures to prevent methane emissions from oil and gas operations include requiring leak detection and repair programmes, the installation of emission control devices, and the replacement of components and devices that emit methane in their normal operations. Major oil- and gas-producing countries can add commitments to reduce methane emissions to their nationally determined contributions. Government and industry should not delay…
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Luxembourg 2026 Executive summary
Luxembourg has established ambitious climate and energy objectives, but more targeted policy measures are needed to meet them. Luxembourg’s climate and energy goals are aligned with the European Union (EU) targets for a 55% reduction in greenhouse gas (GHG) emissions by 2030 and a 90% reduction by 2040, and it has legally enshrined net zero emissions by 2050. Despite rapid population and economic growth, energy-related emissions have already fallen by 40% since 2005, reflecting the success of early measures. Public support for climate action is also robust, providing a strong foundation for the next phase of the transition…
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Scaling Up Transition Finance Executive Summary
Successful transitions need finance that goes where the emissions are Actions by the world’s most emissions-intensive sectors, companies, and countries are crucial to placing the world on a sustainable pathway. Yet, investments that could deliver meaningful reductions in their environmental footprint often do not receive sufficient financial support. Currently, finance is drawn heavily to certain “green” assets and activities—most prominently renewable power. While vital, these investments alone cannot deliver all the changes needed to cut global emissions, especially in areas where clean technologies are not yet commercially available or cost competitive. This is where transition finance comes…
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The Role of Traceability in Critical Mineral Supply Chains
As global demand for critical minerals grows, it will be important to anticipate and address the potential harms the mining and metals sector can have on societies, communities and the environment. Overlooking these risks can ultimately disrupt supply for clean energy technologies. Traceability systems can, when used as part of a wider risk-based due diligence process, help meet emerging policy goals by providing ways to integrate data on origin, evolution, and ownership of minerals. Some traceability approaches can also provide a platform for embedding data on environmental, social and governance issues. To work effectively, however, traceability systems must be…
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Madagascar
Around a quarter of the population of Madagascar has access to electricity, and only 1.5% has access to clean cooking facilities. In 2019, Madagascar’s energy mix was dominated by biofuels and wastes (85%), with oil products (11%), coal and hydro accounting for the rest of the total energy supply. In 2020, less than 5% of the population had access to clean cooking and 27% had access to electricity. The Government of Madagascar has set a target of reaching 70% electricity access rate by 2030.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Oil Market Report - June 2026
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil demand is forecast to decline by 1.1 mb/d y-o-y in 2026. This represents a downgrade of 700 kb/d compared with our May Report, as 2Q26 deliveries plunged by 5 mb/d y-o-y in the face of higher…
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Oil Market Report - February 2026
…as the start of maintenance and lower margins impacted activity. Crude runs are forecast to increase by an average 790 kb/d to 84.6 mb/d in 2026, led by non-OECD regions, compared with an increase of almost 1 mb/d in 2025. Margins fell further in January, as December’s resurgent runs eased product market tightness.Observed global oil inventories rose by 37 mb in December, taking total 2025 stocks builds to 477 mb, or 1.3 mb/d. Chinese crude oil stocks built by 111 mb last year, while oil on water swelled by 248 mb…
