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IEA Calls for Doubling the Pace of Energy Efficiency Adoption

Reuters: The International Energy Agency (IEA) released a report last Wednesday calling on countries to double the adoption of energy efficiency measures if global climate targets are to be met.

"The world’s climate ambitions hinge on our ability to make the global energy system much more efficient," said IEA Executive Director Fatih Birol. "If governments want to keep the 1.5-degree Celsius goal within reach while supporting energy security, doubling energy efficiency progress this decade is critical”.

In 2022, energy use was about 2% more efficient globally than it was in 2021. However, in 2023, that yearly improvement dropped to 1.3%. Energy efficiency needs to improve at a rate of 4% a year for climate targets to be met, the IEA said.

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