"Not only is clean energy investment still far from what’s needed to put the world on a path to reaching net-zero emissions by mid-century, it’s not even enough to prevent global emissions from surging to a new record."

"There is no shortage of money worldwide, but it is not finding its way to where it is most needed. Governments need to give international public finance institutions a strong strategic mandate to finance clean energy transitions in the developing world."

"Not only is clean energy investment still far from what’s needed to put the world on a path to reaching net-zero emissions by mid-century, it’s not even enough to prevent global emissions from surging to a new record."

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

"Not only is clean energy investment still far from what’s needed to put the world on a path to reaching net-zero emissions by mid-century, it’s not even enough to prevent global emissions from surging to a new record."

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change, perhaps the greatest challenge humankind has faced. Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5?C. This calls for nothing less than a complete transformation of how we produce, transport and consume energy. The growing political consensus on reaching net zero is cause for considerable optimism about the progress the world can make, but the changes required to reach net-zero emissions globally by 2050 are poorly understood. A huge amount of work is needed to turn today’s impressive ambitions into reality, especially given the range of different situations among countries and their differing capacities to make the necessary changes. This special IEA report sets out a pathway for achieving this goal,...

“The last 12 months have seen enormous upheavals in energy markets around the world, yet the challenges of transforming the global energy system remain urgent and daunting.”

This may sound like the opening of a new IEA report about the critical need to accelerate the transition to clean energy as economies recover from the Covid-19 crisis. But these words are actually 12 years old. It’s the first line of the IEA’s World Energy Outlook 2009. Back then, as the world started to recover from the global financial crisis and recession, we highlighted an “unprecedented, yet relatively narrow, window of opportunity to take action to concentrate investment on low-carbon technology.” 

To illustrate that window of opportunity, we included a pioneering new scenario in the 2009 Outlook called the 450 Scenario. The new scenario identified a clear pathway to limit the long-term concentration of greenhouse gases in the atmosphere to 450 parts per million of CO2-equivalent, an...

"There is no shortage of money worldwide, but it is not finding its way to where it is most needed. Governments need to give international public finance institutions a strong strategic mandate to finance clean energy transitions in the developing world."

"The rebound in energy investment is a welcome sign, but much greater resources have to be mobilised and directed to clean energy technologies to put the world on track to reach net-zero emissions by 2050"

Over the past decade, India has risen up the ranks to become the fourth-largest electricity market in the world, after the United States, the People’s Republic of China and the European Union. Electricity demand has increased as the country successfully brought electricity connections to millions of its citizens and living standards rose. Due to population growth, urbanisation, industrialisation and air-conditioning units, India’s electricity demand will continue to increase rapidly. To meet this demand in a sustainable manner, the country is aiming to realise a massive expansion of renewable energy. In the IEA Stated Policies Scenario, wind and solar PV together reach a share of more than 40% in total installed capacity by 2030, and make up around a quarter of total electricity generation. The enormous opportunities and challenges in this power sector transformation are explored in depth in the recently published IEA report, Renewables Integration in India.

"The rebound in energy investment is a welcome sign, but much greater resources have to be mobilised and directed to clean energy technologies to put the world on track to reach net-zero emissions by 2050"

By joining our first online professional courses, you will come face-to-face with the IEA's work to train and build capacity, allow experiences to be shared and global progress to be tracked.

"There is no shortage of money worldwide, but it is not finding its way to where it is most needed. Governments need to give international public finance institutions a strong strategic mandate to finance clean energy transitions in the developing world."

"Hydropower is the forgotten giant of clean electricity, and it needs to be put squarely back on the energy and climate agenda if countries are serious about meeting their net zero goals."