General – Energy Efficiency Report
The International Energy Agency (IEA) just released the International Energy Agency (IEA)’s new Energy Efficiency report showing the latest trends in this vital area for the clean energy transition.
Global efficiency progress is recovering after a dip in 2020 but only at about half the rate needed for NetZero by 2050.
The IEA’s latest global assessment of market and policy trends in energy efficiency highlights the urgent need for stronger implementation of clean energy policies – with energy efficiency at their core – in order to reach international climate goals. This is the first update of the IEA’s energy efficiency market report since a raft of new spending commitments aimed at supporting the economic recovery were announced by governments over the course of 2021.
The report comes shortly after the end of the COP26 Climate Change Conference in Glasgow, whose final statement specifically called for the rapid scaling up of energy efficiency measures, recognising their key role in decarbonising energy systems.