Manufacturers have taken steps to deliver on government ambitions — including by making major investments in EV & battery production

As a result, global capacity to produce EVs & batteries is on track to keep up with rising demand

Read more ➡️ iea.li/3wOQwkM

🗣 “In 2023, there were more than 360 million SUVs on the roads worldwide, resulting in combustion-related CO2 emissions of 1 billion tonnes”

More from Laura Cozzi & Apostolos Petropoulos on how rising SUV sales are impacting efforts to reduce emissions 👉 iea.li/4bzKXph

Our newsletter went out yesterday, with info on $2.2 billion being mobilised for clean cooking in Africa, our Global Conference on #EnergyEfficiency in Nairobi, the outlook for critical minerals & much more

Read ➡️ iea.li/3yyTiuJ
Subscribe ⬇️ iea.li/3Viczd2

Investment in manufacturing clean energy technologies is surging. Last year, spending rose to $200 billion, up 70% from 2022

This is supporting economic growth & offering new industrial & employment opportunities worldwide

More in our recent report ⬇️ iea.li/3Vcwk5x

SUVs accounted for almost half of global car sales in 2023, a new record reflecting the shift to larger cars

The trend has big implications for the climate, with SUVs accounting for over 20% of the growth in global energy-related CO2 emissions last year: iea.li/3UV4HNb

A pleasure to meet with Latvia’s Minister of Climate and Energy Kaspars Melnis in Riga yesterday

We discussed opportunities & challenges for Latvia's energy security and transition and I thanked him for 🇱🇻’s commitment to becoming the International Energy Agency’s 32nd member country

🗣 “New announcements made at this meeting account for $2.2 billion.”

At our Summit on Clean Cooking in Africa, governments & the private sector delivered a groundbreaking financial commitment to help solve the clean cooking challenge.

Learn more 👉 iea.li/3wCiqjX

Delighted to join Latvian Deputy State Secretary Līga Rozentāle in Riga to launch International Energy Agency’s review of Latvia’s energy policies

We look forward to continuing the IEA's collaboration with 🇱🇻 as it takes significant steps to advance its energy transition

On 28 May, join the lead authors of our Global Critical Minerals Outlook 2024 for a webinar on the key findings

They'll explore the latest price, investment, production & supply chain trends for the minerals vital for many clean technologies

Sign up ➡️ iea.li/3R1grwg

🗣 “It’s a unique opportunity to prevent millions of premature deaths, cut emissions, reduce biodiversity loss, improve productivity & create economic growth”

At our Summit, 🇳🇴 PM Jonas Gahr Støre highlighted the benefits of clean cooking

More ➡️ iea.li/4bzFA9F

🗣️ 'We can only transform our world together when we make deliberate efforts of incorporating & doubling energy efficiency in every strand of development'

Kenyan 🇰🇪 Deputy President Rigathi Gachagua at our Global Conference on #EnergyEfficiency

More ➡️ iea.li/3Vr9kA9

Batteries are a vital part of the energy transition 🔋

✅ They’re the fastest growing clean technology on the market
✅ They help meet climate goals & ensure energy security
✅ They bring down emissions in power & transport

More 👉 iea.li/3VaShlx

Our Global EV Outlook 2024 report includes two dynamic dashboards enabling users to dig deeper into EV trends & policies around the world.

Try them out 👇

🔢 EV data explorer → iea.li/3QY0kzs
📑 EV policy explorer → iea.li/3UVcURf

Under today’s policy settings, the uptake of EVs – including cars, vans, trucks, buses & 2/3-wheelers – is set to avoid the need for over 10 million barrels of oil a day in 2035

That's equal to all the oil demand from road transport in the US today 👉 iea.li/3VcosB4

Our Summit on Clean Cooking Africa mobilised $2.2 billion in new financial pledges to tackle this major inequity
 
Read the key outcomes 👇
 
Press release: iea.li/3VbMagF
High-Level Declaration: iea.li/4aAwxDY
Chairs' Summary: iea.li/3WUEjpk

Reaching energy & climate targets hinges on scaling up batteries fast enough. More than half of emissions reductions needed rely on their use

Energy storage, led by batteries, needs to increase sixfold by 2030 to help meet the goals set at COP28 👉 iea.li/3VmQ5HX

In 2023, clean energy added around $320 billion to the world economy – accounting for 10% of global GDP growth.

In a new commentary, IEA analysts highlight how clean energy is becoming a powerful force for global economic growth.

Read more ➡️ iea.li/3VdJHTg

🗣️ 'This marks a significant milestone as the first time the forum is being held in Africa. An acknowledgement of the critical role the continent will play in clean energy transitions & Kenya's strong leadership on efficiency'

More from Davis Chirchir, EGH ➡️ iea.li/4bsfpSe

🗣️ 'We can only transform our world together when we make deliberate efforts of incorporating & doubling energy efficiency in every strand of development'

Kenyan 🇰🇪 Deputy President Rigathi Gachagua at our Global Conference on #EnergyEfficiency

More ➡️ iea.li/3ywT9bt