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IEA State of Energy Policy2024
The last four years unleashed a wave of new energy policies that addressed pressing energy security concerns and accelerated the uptake of clean energy. The global economic crunch triggered by the Covid19 pandemic prompted governments to launch newrecovery and relief packages, with many prioritising clean energy transitions. Close to 150 countries - covering close to 95% of global greenhouse gas (GHG) emissions set forth new, more ambitious climate commitments, leading about 50 governments to tighten energy efficiency, renewables and emissions standards alongside these new incentives for clean energy. Since 2020, clean energy investment grew 60% globally.