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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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Pledges to Progress 2025 Summary of results
The Turning Pledges into Progress framework contains a total of 25 metrics in three categories: 1) target setting (“Targets”), 2) strategies for implementation (“Strategies”), and 3) disclosure and reporting (“Disclosure”). Target setting comprises six metrics related to emissions reductions and investment in clean energy. All the signatories to the Oil and Gas Decarbonization Charter (OGDC) are assumed to have the aim of achieving these targets. Strategies for implementation comprise eight metrics that describe steps companies can take to achieve these targets; and disclosure and reporting comprises 11 metrics allowing stakeholders to assess how companies publicly report information relevant to achieving the OGDC goals…
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Sheltering From Oil Shocks Air transport fuels
Jet fuel demand accounts for around 7% of global oil demand. Jet fuel markets look to be particularly vulnerable to an extended loss of Middle East production and exports, given limited flexibility elsewhere to increase output. 8. Avoid air travel where alternative options exist Description: Travel for work accounts for a large share (between 20% and 40%) of aviation activity. In many cases, travel for work can be temporarily substituted by virtual meetings. A reduction of around 40% of flights taken for work purposes is feasible in the short term, while maintaining productivity.Impact: Very high voluntary participation to work…
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Global Energy Review 2026 Electricity demand
Electricity demand grew more than twice as fast as overall energy demand Global electricity demand grew year-on-year by around 3% in 2025, easing from 4.4% in 2024, when intense heat waves boosted electricity consumption. Nevertheless, the 2025 growth rate remained above the 2.8% annual average observed between 2014 and 2024 and was also well over twice the rate of overall global energy demand growth in 2025 (1.3%). Demand growth was well above long-term average rates in advanced economies, but slowed in Asian economies In 2025, emerging market and developing economies accounted for 80% of…
- Key findings
- Global trends
- Oil
- Natural gas
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+ 9 pages
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Armin Mayer
Former Energy Analyst.
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Joint Statement in Support of the IEA-Ukraine Collaboration Programme
…energy future. This Programme also plays a valuable role in strengthening the IEA’s relationship with Ukraine at this critical time, which was enhanced when IEA Members welcomed Ukraine as an Association country in 2022.As the current funders of the IEA-Ukraine Collaboration Programme, we, the Ministers of Canada, Czechia, Denmark, Germany, Latvia, Lithuania, Poland, Sweden, the United Kingdom and the European Commission recognise the efforts undertaken by the IEA to assist Ukraine in establishing a strategic vision for a secure and resilient energy future, including through its support for initiatives to facilitate investment in distributed energy resources. We…
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IEA Members reaffirm support for IEA-Ukraine Collaboration Programme
Ministers of nine IEA Members and the European Commission issued a joint statement today reiterating their support for the IEA‑Ukraine Collaboration Programme, underscoring the initiative’s importance as Ukraine approaches the fourth anniversary of Russia’s full‑scale invasion.The joint statement from the Ministers of the Programme’s donors – Canada, Czechia, Denmark, Germany, Latvia, Lithuania, Poland, Sweden, the United Kingdom and the European Commission – was released during the IEA’s 2026 Ministerial Meeting.The Ministers applauded the IEA’s work with Ukraine through the Programme, noting that it supports both the near-term reconstruction of Ukraine’s energy sector – which…
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Clean Energy Ministerial
…facilitating the transition to a global clean energy economy The Clean Energy Ministerial (CEM) is a high-level global forum to promote policies and programs that advance clean energy technology, to share lessons learned and best practices, and to encourage the transition to a global clean energy economy.Initiatives and campaigns are based on areas of common interest among participating governments and other stakeholders. The 29 participating CEM Members are: Australia, Brazil, Canada, Chile, China, Denmark, the European Commission (on behalf the European Union), Finland, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Russia…
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Rare Earth Elements Executive summary
Rare earth elements have rapidly moved to the forefront of the energy and economic policy agenda Rare earth elements play a crucial role in a wide range of strategic applications, from energy, transport and artificial intelligence (AI) technologies to aerospace, medical and defence systems. The wide range of applications, combined with highly concentrated supply chains, has elevated their importance in both energy and broader economic security discussions. Though relatively plentiful in the Earth’s crust, this set of 17 elements have garnered the label “rare” because economically viable concentrations are uncommon and they are seldom found in pure form. Their chemical…
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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…