Clean Energy Transitions Programme

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Recently, the International Energy Agency (IEA) launched the Clean Energy Transitions Programme annual report 2023.

About Clean Energy Transitions Programme

  • It is the IEA’s flagship initiative launched in 2017 for accelerating progress toward a global net zero energy system.
  • It leverages the insights and influence of the world’s leading energy authority to accelerate clean energy transitions, particularly in emerging and developing economies.
  • Its goals are in line with the objectives of the 2015 Paris Agreement and the Sustainable Development Goals established by the United Nations.

Key facts about IEA

  • It is an autonomous inter-governmental organisation within the OECD framework.
  • It works with governments and industry to shape a secure and sustainable energy future for all.
  • It was founded in 1974 to ensure the security of oil supplies. 
  • It was created in response to the 1973-1974 oil crisis when an oil embargo by major producers pushed prices to historic levels and exposed the vulnerability of industrialised countries to dependency on oil imports. 
  • It consists of 31 member countries and eleven association countries.
  • A candidate country to the IEA must be a member country of the Organisation for Economic Co-operation and Development (OECD).

Q1) What is the Organisation for Economic Co-operation and Development (OECD)?

It is an international organisation of 38 countries committed to democracy and the market economy. OECD members are typically democratic countries that support free-market economies. It was established on Dec. 14, 1960, by 18 European nations, plus the United States and Canada.

Source: Clean Energy Transitions Programme 2023