International energy agency report

Prelims level : Economy Mains level :
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  • India’s carbon emission grew by 4.8% during 2018.
  • But India’s per capita carbon emission is less than 40% of the global average.
  • At the global level, renewable sources of energy grew by 7% during 2018.
  • China and Europe contributed to bulk of global carbon savings.
  • India is far away from fulfilling its target under the Paris agreement (to cut energy intensity of GDP by 33-35% by 2030, over 2005 levels.

About International Energy Agency:

  • IEA is an inter-governmental organization established in 1974 as per framework of the Organisation for Economic Co-operation and Development (OECD).
  • It was established in the wake of the 1973 oil crisis after the OPEC cartel had shocked the world with a steep increase in oil prices.
  • Members: Presently it has 29 member countries. India is lone associate member of IAE. Headquarters (Secretariat): Paris, France.
  • Mandate: Its prime focus is on the “3Es” of effectual energy policy: energy security, economic development and environmental protection. It also seeks to promote alternate energy sources (including renewable energy), rational energy policies and multinational energy technology co-operation.
  • It publish World Energy Outlook Report.
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