New IEA report finds one-third of the $2.2 billion pledged has already been disbursed, helping drive the pace of clean cooking provision in Africa toward record levels Nearly $740 million of the $2.2 billion pledged at the first IEA’s Summit on Clean Cooking in Africa has already been disbursed to projects across almost 30 African countries, according to a new IEA report, with financing, policy reforms and infrastructure investment helping accelerate access to clean cooking across the continent. The Clean Cooking in Africa 2026: Progress Report was released ahead of…
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Global Energy Investment Hits $3.4 Trillion in 2026 as Clean Energy Spend Nears Double That of Fossil Fuels, IEA Finds
The International Energy Agency’s World Energy Investment 2026 report, published late May[1], shows that global capital flowing into the energy sector is set to reach USD 3.4 trillion this year, a 5% increase on 2025, with clean energy attracting nearly twice the investment of oil, natural gas and coal combined. Around USD 2.2 trillion is directed at renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification, compared with approximately USD 1.2 trillion for fossil fuels. For UK businesses already navigating elevated energy costs and a procurement market that has rarely…
Read MoreNew podcast episode examines the energy world on the eve of the current crisis
What did the energy landscape look like just before the shock dealt by the 2026 war in the Middle East? What were the major trends – and what might they tell us about what comes next? The latest episode of the IEA’s Everything Energy podcast explores these questions. Available now on Apple Podcasts and Spotify, it features IEA energy analyst Alex Martinos – one of the lead authors of the Global Energy Review 2026, which provides a comprehensive assessment of global energy trends in 2025. He highlights important developments across fuels, technologies, the electricity…
Read MoreNew podcast episode looks at impact of cooking fuel shortages on world’s most vulnerable
Around the world, billions of people use liquefied petroleum gas, or LPG, to cook their meals. Today, many of those people are under substantial pressure, with global LPG supplies severely disrupted by the conflict in the Middle East. The latest episode of the IEA’s Everything Energy podcast explores this topic. Available on Apple Podcasts and Spotify, it features IEA energy analysts Marina Petrelli and Arthur Rogé, who discuss the latest developments in LPG markets – and what price increases and supply shortages have meant for vulnerable communities, particularly in emerging and developing economies. They…
Read MoreNew podcast episode explores how energy crisis is shaping investment trends
The latest episode of the IEA’s Everything Energy podcast looks at how the current international energy crisis – the second in five years – is reshaping and reinforcing key energy investment trends around the world. In the episode, which is available now on Apple Podcasts and Spotify, IEA experts Kirsten Smith and Cecilia Tam dive into key findings from the recent World Energy Investment 2026 report. As energy security concerns intensify – and with many countries increasingly looking to meet demand with domestic energy sources – they discuss the implications across different sectors, including oil,…
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