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Surging investment in manufacturing of clean energy technologies is supporting economic growth

Booming investment in the manufacturing of clean energy technologies, especially solar PV and batteries, is becoming a powerful economic driver globally, creating new industrial and employment opportunities, according to a new report...

Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28

Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...

Clean energy is boosting economic growth

Clean energy is moving towards centre stage in the global energy system – and as its importance rises, a new clean energy economy is emerging. Clean electricity accounted for around 80 percent of...

Transition to Renewables Calls for New Approach to Energy Security

The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today. Geopolitics...

Strong policy progress on energy efficiency seen in 2023

Policy makers around the world expanded measures to promote energy efficiency in 2023, helping consumers save money and improving the security and sustainability of the global energy system – though progress is...

The shift to the green economy leads to big and small transitions

The global shift to net zero will require major structural changes in economies, as well as extensive change in daily lives. The scale of the transition is unprecedented: from the rush to...

Clean technologies are driving job growth in the energy sector, but skills shortages are an increasing concern

The number of jobs in the global energy sector rose in 2022 as growing investment in clean energy technologies drove demand for new workers in every region of the world, according to...

Latin America to play an essential role in the global transition to a more secure and sustainable energy system

At a time of rising geopolitical uncertainty and accelerating energy transitions, an extraordinary endowment of energy and mineral resources, as well as a history of clean energy leadership, positions Latin America and...

MENA’s Transforming Role in an Evolving Energy Landscape

The Middle East and North Africa (MENA) region has been leading fossil fuel production for decades, creating tremendous economic growth. However, fossil fuel-driven growth has proven to be unsustainable for both people and...

Doubling energy investment in Africa requires urgent action to bring down financing costs and boost access to capital

New report outlines innovative solutions for African countries to unleash the spending needed to achieve the continent’s energy and climate goals. Swift action to improve access to capital and ease financing costs is...

It’s time for governments and industry to act on energy efficiency

Amid a global energy crisis, policy makers, industry executives and consumers are all talking about how to bring down the cost of energy and reinforce security of supply. Often that conversation focuses...

Clean energy investment is extending its lead over fossil fuels, boosted by energy security strengths

Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to...

Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds

Announcements of new manufacturing projects for several essential technologies for the clean energy transition – including solar PV, batteries and electrolysers – have accelerated in recent months, highlighting the growing global momentum...

Energy Efficiency and Renewables are Instrumental for Countries in the Greater Horn of Africa to Provide Energy for all

Energy infrastructure in the greater Horn of Africa has struggled to keep pace with a fast-growing population, creating a formidable hurdle for the region’s buoyant economies that can best be overcome through...

The Clean Energy Economy is Gaining Ground, But Greater Efforts are Needed now to Get on Track for Net Zero by 2050

Despite encouraging signs of progress across a number of sectors, stronger efforts are needed to bring the world on track to reach net zero emissions by mid-century, according to the IEA’s latest...

Global Energy Employment Rises Above Pre-Covid Levels, Driven by Clean Energy and Efforts to Strengthen Supply Chains

Global employment in the energy sector has risen above its pre-pandemic levels, led by increased hiring in clean energy, according to a new IEA report that offers the first worldwide benchmark for...

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