Renewed focus on energy security prompts nearly $2 trillion investment in clean energy since 2020, IEA finds

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The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sectors are making on their energy transition journey.

Illustration; Source: International Energy Agency (IEA)

The first edition of the State of Energy Policy report looks into the key measures that have been adopted across several countries or regions and shows potential to progress the clean energy transition. Intended as a ‘first-of-its-kind’ global inventory, the 2024 issue covers international commitments and climate pledges, government energy spending, trade policies, and regulations by countries and sectors.

The report delves into the types of policies governments use to meet their commitments while ensuring energy security, and where these policies have…

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