The International Energy Agency (IEA) recently released its 2023 Clean Energy Transitions Programme
2023 Clean Energy Transitions Programme report: 2023 Clean Energy Transitions Programme report was released by the International Energy Agency (IEA). This programme was funded by multiple entities including Canada (CAD 1 million), Denmark (DKK 25 million), the European Commission (EUR 3.5 million), Germany (EUR 6 million), Sweden (EUR 5.2 million), Switzerland (CHF 1 million), and the United Kingdom (GBP 8 million) , with other members including Australia, Finland, Italy, Japan, New Zealand, and the Netherlands.
International Energy Agency (IEA)
International Energy Agency (IEA)
The International Energy Agency (IEA), established in 1974, is a Paris-based autonomous intergovernmental organisation whose objective is to offer policy advice, analysis, and data on global energy. With 31 member countries and 13 association countries ( where each candidate country is a member country of the Organisation for Economic Co-operation and Development (OECD)) which represent 75% of global energy demand, it was created aftermath of the 1973 oil crisis. IEA members are obliged to maintain oil reserves. Since its inception, the IEA has managed the utilization of oil reserves held by its members, as mandated.
Clean Energy Transitions Programme (CETP)
The Clean Energy Transitions Programme (CETP), launched in 2017 by the IEA, whose objective is to move the world to a global net-zero energy system. It uses the IEA’s knowledge and influence to help countries, especially in developing areas, move towards cleaner energy sources. The programme supports the goals of the Paris Agreement and the UN’s Sustainable Development Goals by helping countries reduce emissions. It offers assistance such as data analysis, advice, and training to help countries transition to cleaner energy while improving people’s lives. In 2022, 15 IEA member countries and the EU committed to funding the CETP with EUR 20 million annually until 2030, aiming to boost clean energy investments in developing countries and speed up the global move to cleaner energy.
Clean Energy Transitions Programme annual report 2023, recently released by which government agency?
Clean Energy Transitions Programme annual report 2023, recently released by International Energy Agency (IEA)
