Tag: clean energy

The International Energy Agency (IEA) reports that the market for critical minerals, essential for clean energy technologies, has doubled in the past five years. With increasing demand for minerals like lithium, cobalt, nickel, and copper, the energy sector is a driving force behind their rapid growth. Investment in critical mineral development has also risen, supporting the affordability and pace of clean energy transitions. However, challenges remain in ensuring secure and sustainable supply chains. The IEA is committed to addressing these challenges through research, analysis, and international cooperation.

The world needs to support developing countries in attracting greater investment for their transition to clean energy, according to United Nations Conference on Trade and Development (UNCTAD).

Global investment in clean energy is on course to rise to USD 1.7 trillion in 2023, with solar set to eclipse oil production for the first time, according to IEA’s latest World Energy Investment report.