Laszlo Varro, Chief Economist, The International Energy Agency
The International Energy Agency recently released the first ever detailed analysis of investment across the global energy system. In this inaugural annual report on energy investments around the world, the International Energy Agency (IEA) looks at the lifeblood of the global energy system: investment. The ability to attract and direct capital flows is vital to transitioning to a low-carbon economy while also maintaining energy security and expanding energy access worldwide. The success or failure of energy policies can be measured by their ability to mobilise investments.
The new report measures in a detailed manner the state of investment in the energy system across technologies, sectors and regions. The analysis takes a comprehensive look at the critical issues confronting investors, policy-makers, and consumers over the past year.