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Colombia 2023 Executive summary
Colombia has emerged as a leader in clean energy transition policy making and is an inspiring example of a fossil fuel producing country committed to climate action, based on a long-term decarbonisation pathway and a policy of energy and economic diversification and a just transition.In the context of the National Energy Plan 2020-2050, launched in 2016, Colombia started a journey to diversify its energy resources and ensure a reliable energy supply by promoting wind, solar and geothermal in the country’s electricity mix.At COP26, Colombia presented a net zero target and an ambitious Nationally Determined Contribution…
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Indicators Handbook for Just and Inclusive Energy Transitions Introduction
…economic benefits (e.g. new decent jobs, reduced energy poverty and improved air quality). Tracking these benefits can help highlight and communicate the positive effects of clean energy transitions across different population groups. This year, the South African G20 Presidency and Brazilian COP30 Presidency have prioritised just and inclusive energy transitions and this Indicators Handbook has been developed to support and promote these efforts.The Indicators Handbook is based on the voluntary G20 Principles for Just and Inclusive Transitions, endorsed by G20 leaders in November 2024. The principles, which reflect varying perspectives, contexts and experiences, form a framework for approaching…
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World Energy Outlook 2025 Implications of CPS and STEPS
…developing economies in Asia, including China, are the destination for nearly 60% of the oil and gas exported globally in 2035 in both scenarios, up from 45% today. The total fossil fuel import bill for these countries rises by 40% in the CPS over the next ten years, reaching USD 1.2 trillion by 2035. Although total energy investment is marginally lower in the CPS than in the STEPS, energy prices and overall energy bills are generally higher. Supplies of key critical minerals are catching up with demand growth to 2035 if anticipated projects come through on time, with the important exception…
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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 Energy and Climate Model About the Global Energy and Climate Model
…projected technology stock, cost, and performance; energy flows by fuel; investment needs and costs; materials and critical minerals demand; carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O) emissions.Prices, which are both inputs and outputs of the model, include: fuel, end-user and CO2 prices. Developments in the 2025 modelling cycle The key sectoral and topic-specific model developments undertaken in 2025 include the following:The policies used to inform the GEC Model are now fully available online in the Policies and Measures Database and analysed in the Global Energy Policies Hub.Across all end-use sectors (buildings, industry…
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State of Energy Policy 2026 Climate pledges
The new round of NDCs does not imply stronger annual emissions reductions than the previous 2030 NDCs The past year marked a key milestone in the Paris Agreement’s ratcheting mechanism, under which countries update their climate pledges every five years. As of 27 March 2026, more than 130 countries had submitted new NDCs out of the 194 parties to the Paris Agreement that had previously submitted NDCs under the UNFCCC framework, with the vast majority setting new targets for 2035. In total, these submissions cover close to 75% of today’s energy-related greenhouse gas emissions.Some regions have not…
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Global Energy Review 2026 Electricity supply
The increase in low-emissions power generation in 2025 outstripped total electricity supply growth Global electricity generation increased by over 850 TWh in 2025, with renewables accounting for the vast majority of growth. Together, generation from renewables and nuclear power rose by more than the total global increase in generation. In contrast, generation from fossil fuels declined: a modest rise in natural gas-fired generation was outweighed by a decline for coal. Global coal-fired generation fell by around 0.5%, marking the first decrease since the Covid‑driven drop in 2020 and the first decline outside of a period of…
- Key findings
- Global trends
- Oil
- Natural gas
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Financing the Modernisation of Power Systems Beyond Coal Executive summary
…coal-fired power generation is anticipated to remain important for system adequacy, reliability and energy security. Recent disruptions in gas markets have reinforced this role, with governments in Southeast Asia increasing coal-fired power generation to maintain electricity supply and manage fuel supply risks.If operated for typical lifetimes and utilisation rates, the existing worldwide coal fleet would emit 330 gigatonnes (Gt) of carbon dioxide (CO2) to 2100 – more than the historical emissions to date of all coal-fired power plants that have ever operated. Countries across developing Asia have added over 1 450 gigawatts (GW) of coal power since 2000. In 2024…
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Global Hydrogen Review 2025 Policies
Highlights Announced public funding for low-emissions hydrogen decreased by nearly two-thirds compared to the Global Hydrogen Review 2024 (GHR-24), to a cumulative USD 38 billion, but a larger share of funds is now making its way to specific projects. Several programmes in the European Union, India, Japan and United Kingdom have progressed to the second phase or beyond, with new calls building on learning from the first phase.Almost 90% of the public funding comes from advanced economies; other policy instruments like land allocation, tax incentives and reduced administrative procedures remain more common among emerging markets. The supply side still receives…
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World Energy Employment 2025 Executive summary
…some countries, its contribution is far larger, reaching one in five new jobs in China and one in ten in the United States since 2022. The pace of the expansion in recent years marked a step change from pre-pandemic trends, when the energy sector added less than a third as many jobs annually than during the years between 2019 and 2024. The electricity sector is now the largest energy employer, surpassing fuel supply for the first time, as the Age of Electricity gathers pace. Over the last five years, employment in the electricity sector – including generation, transmission, distribution, and…
