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Austria
Austria is committed to reaching climate neutrality by 2040. Over three quarter of electricity generation already comes from renewables, with a target of achieving a 100% renewable electricity supply by 2030 (national balance). This requires investments to make networks more resilient and flexible, optimise demand side management, and updating the legal and regulatory framework to allow more consumer participation. Buildings and transport account for around half of total emissions . To progress the transition in these sectors, the government supports building renovation, switching from fossil fuels to sustainable heating systems, the electrification of transport and invests in public transport infrastructure.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Policy and financing momentum sustain CCUS progress despite setbacks
CCUS Projects Database 2026 commentary Efforts to expand carbon capture, utilisation and storage (CCUS) took some important steps forward in 2025. Despite delays and cancellations in some areas, projects reached notable milestones in key markets, while growing financing provided further momentum.CCUS deployment in Europe saw a step-change as the world’s first dedicated carbon dioxide CO2 storage hub began operating in Norway. Major projects were also commissioned in China and North America, and the construction of new facilities began in eight countries worldwide. The newest annual update to the IEA’s CCUS Project Database – which incorporates developments between…
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Renewables 2021 Renewable electricity
…to grow faster than ever in the next five years, but the expansion trend is not on track to meet the IEA Net Zero by 2050 Scenario Annual additions to global renewable electricity capacity are expected to average around 305 GW per year between 2021 and 2026 in the IEA main case forecast. This implies an acceleration of almost 60% compared to renewables’ expansion over the last five years. Continuous policy support in more than 130 countries, ambitious net zero goals announced by nations accounting for almost 90% of global GDP, and improving competitiveness of wind and solar PV are all…
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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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Pledges to Progress 2025 Executive summary
At COP28, more than 50 of the world’s leading oil and gas companies launched the Oil and Gas Decarbonization Charter (OGDC), laying out a series of ambitions to achieve net zero operational emissions by 2050. As global methane and flaring emissions continue to rise, these ambitions are more important than ever to reduce energy waste and mitigate the harmful consequences of climate change.To support accountability and transparency, the International Energy Agency (IEA), the United Nations Environment Programme (UNEP) International Methane Emissions Observatory (IMEO) and the Environmental Defense Fund (EDF) set out a framework of 25 metrics to assess and track…
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Breakthrough Agenda Report 2025 Steel
…further emissions reductions as well as material efficiency measures.Interoperability and/or comparability of different definitions, standards and certifications for near-zero and low-emissions steel – either through a method for determining equivalency established for use by governments and buyers, or mutual recognition among standards owners – provides greater transparency and clarity to actors across international markets, which can unblock action.Emissions measurement methodologies underpin definitions and standards, as well as other uses, by providing a framework for measuring and accounting emissions.Interoperable and net zero compatible methodologies can improve comparability and reduce reporting burden. Existing schemes offer a robust basis…
- Executive summary
- Power
- Hydrogen
- Road transport
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+ 4 pages
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Breakthrough Agenda Report 2025 Cement and concrete
…goal?Definitions and standards that establish emissions intensity thresholds for near-zero and low-emissions cement and concrete production can underpin many enabling mechanisms. These can feed-in to product-level thresholds, which can support further emissions reductions as well as material efficiency measures.Coalescence around existing definitions – and promotion of their use – could avoid the creation of more proposals and associated challenges to clarity.Emissions measurement methodologies provide a framework for measuring and accounting emissions to support the development of definitions and standards, among other usesInteroperable and net zero compatible methodologies can improve clarity and reduce reporting burden. Existing…
- Executive summary
- Power
- Hydrogen
- Road transport
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+ 4 pages
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Climate Change
…Yet the production and consumption of energy is also responsible for 75% of greenhouse gas emissions, making it the primary driver of climate change.As temperatures around the world continue to break records, the case for swiftly transforming the global energy system has never been stronger. The IEA’s Net Zero Roadmap lays out a pathway for the world’s energy sector to reach net zero emissions by mid-century, limiting global warming to 1.5 °C, as called for by the Paris Agreement, and avoiding the worst effects of climate change.The rapid growth of some clean energy technologies…
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COP28: Tracking the Energy Outcomes
…meet the energy goals set at COP28 Nearly 200 countries made major collective pledges on energy at the COP28 climate summit in Dubai with the aim of keeping within reach the Paris Agreement target of limiting global warming to 1.5 °C. For the first time, governments explicitly recognised that to achieve this target, energy-related emissions need to reach net zero by 2050, and they set key goals to help meet this objective – including tripling global renewable energy capacity and doubling global energy efficiency improvements by 2030, and deploying emerging technologies, such as low-emissions hydrogen and carbon capture.The IEA…
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Global Energy and Climate Model Techno-economic inputs
…Energy and Climate Model (GEC Model) uses macro drivers, techno-economic inputs and policies as input data to design and calculate the scenarios. The values for the different data categories and scenarios used in the GEC Model 2025 can be downloaded here.In particular more details regarding power generation technology costs for the Current Policies Scenario, the Stated Policies Scenario and the Net Zero Emissions by 2050 Scenario can be downloaded in excel format, including detailed projections at the 2050 horizon regarding overnight capital costs, annual O&M costs, efficiencies and other contributors to electricity costs at regional and country…
