International Energy Agency (IEA)

Emerging & developing economies account for two-thirds of the global population, but they see only about 15% of clean energy investment Stronger efforts are needed to ensure financing for clean energy projects reaches the places where it’s needed most → https://iea.li/3XaJIsk

Achieving key COP28 energy outcomes requires a major increase in investment Tripling global renewable capacity by 2030 requires doubling investment in renewables, grids & storage Doubling energy efficiency progress this decade means tripling spending 👉 https://iea.li/3X6FSAy

As a result of the global energy crisis, consumers worldwide paid 20% more on average for energy in 2022 than in previous years. And low-income households already struggling to pay bills were the hit the hardest by high prices Read more 👉 https://iea.li/456liSP

🗣 “Understanding the current landscape for energy investment is key to mobilising more spending” Our new commentary explores who’s investing in energy around the globe & who’s financing it – along with the implications for energy transitions worldwide 👉 https://iea.li/4biC829

Stronger ambitions & implementation are needed to close the gap between countries’ existing plans & the global goal of tripling renewables by 2030. Mobilising greater clean energy investment in emerging & developing economies is key to achieving this 👉 https://iea.li/3yVC1vU

Interested in joining the IEA team in Paris? We’re hiring for several roles ⬇️ ▶️ Junior Policy Analyst – People-Centred Clean Energy Transitions ▶️ Policy Analyst – People-Centred Clean Energy Transitions ▶️ Multimedia Communications Editor ▶️ Strategic Media Relations Manager ▶️ Social Media Assistant Find out more & apply here → https://iea.li/4cArmFC

🗣 “If we want to have a planet in the future more or less like today … we have to find a way to reduce emissions — and the energy sector is at the heart of it.” This week, our Executive Director Fatih Birol joined Rajini Vaidyanathan for The Context on BBC News to discuss what’s needed to reach energy & climate goals, financing clean energy transitions, ensuring successful outcomes at COP29 and much more. Watch the interview ⬇️

In Georgia, many rural households use wood for energy — particularly to heat their homes In February, an IEA team travelled to Georgia to see citizens' energy challenges first-hand & discuss the innovative technologies that can serve as solutions More 📺👉 https://iea.li/4bnCd4G

Attacks by Russia have caused major damage to Ukraine’s energy infrastructure Our new video looks at the energy challenges facing many citizens in Ukraine today – as well as the government's efforts to boost energy resilience & security Watch along 📺👇

Our latest newsletter is out, with info & analysis on the forces shaping global oil markets, how to finance clean energy projects in Africa, our new initiative on energy & AI and much more. Subscribe now ➡️ https://iea.li/3xEjVOM Read it here ⬇️