IEA given climate mandate
Ministers from 31 member countries give body new guiding principle of supporting decarbonisation efforts
The IEA has been given an official mandate by energy ministers to support countries in reaching their net-zero targets. The traditional role of the IEA has been to ensure global energy security, but ministers from the 31 member countries said in a statement following the latest ministerial meeting that this was the launch of a new phase for the agency. “In addition to ensuring global energy security, the IEA has a new guiding principle: supporting countries in the global effort to attain net-zero greenhouse gas emissions in the energy sector by mid-century,” says the statement. “We resolve to accelerate clean energy transitions as a lasting solution to prevent energy price spikes, such as th
Also in this section
24 January 2025
Progress on the energy transition has slowed or even stopped, with greater societal engagement we can revitalise it
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
14 January 2025
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector