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
International Energy Agency (IEA)’s Post
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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/4eIaoaf
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We just published our latest in-depth review of the energy policies of the United States It shows that the US is a global energy powerhouse, providing leadership on energy security and clean energy transitions Read more ⬇️
United States 2024 – Analysis - IEA
iea.org
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Nearly 200 countries agreed at COP28 to triple global renewable capacity by 2030, but more work is needed to step up ambition & implementation Only 14 countries have explicit capacity targets in their current commitments under the Paris Agreement More 👉 https://iea.li/3x40G0O
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Clean energy investment by oil & gas companies reached $30 billion in 2023, accounting for only 4% of the industry’s overall capital spending The recent rebound in oil & gas investment has been led by national oil companies in the Middle East & Asia 👉 https://iea.li/3RhUdpQ
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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
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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
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🗣 “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
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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
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