CSIP: PRELIMS BOOSTER SERIES-189 International Organizations
The International Energy Agency (IEA)
The International Energy Agency (IEA) is an intergovernmental organization that works to ensure reliable, affordable, and sustainable energy for its 31 member countries (India is not a member) and beyond. Founded in 1974 in response to the oil crisis, the IEA has played a key role in shaping global energy policy for nearly 50 years. India is an Associated Member.
The IEA’s work is focused on four key areas:
- Energy security: The IEA monitors and forecasts global energy markets, and helps countries to develop and implement policies that promote secure and reliable energy supplies.
- Economic development: The IEA supports the use of energy to drive economic growth and prosperity, while also working to reduce energy poverty and improve energy efficiency.
- Environmental protection: The IEA helps countries to reduce their greenhouse gas emissions and other environmental impacts from the energy sector.
- Technology innovation: The IEA works to accelerate the development and deployment of clean energy technologies.
The IEA publishes a wide range of publications, including the annual World Energy Outlook, which provides in-depth analysis and forecasts of global energy trends. The IEA also provides technical assistance and training to countries around the world, and helps to coordinate international energy responses to crises and emergencies.
In recent years, the IEA has focused increasingly on supporting the global transition to clean energy. The IEA’s Net Zero Emissions by 2050 roadmap provides a blueprint for how the world can achieve a net–zero emissions energy system by 2050. The IEA is also working to support countries in developing and implementing their own net-zero emissions strategies.
The IEA is an important player in the global energy landscape, and its work is essential to ensuring a secure, affordable, and sustainable energy future for all.