IEA: World Energy Investment 2021

On 2 June 2021, IEA launched a report named World Energy Investment 2021.

According to the report, Global energy investment is set to rebound by around 10% in 2021, reversing most of the drop caused by the pandemic

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In this report

This year’s edition of the World Energy Investment report presents the latest data and analysis of how energy investment flows are recovering from the shock of the Covid-19 pandemic, including full-year estimates of the outlook for 2021. It examines how investors are assessing risks and opportunities across all areas of fuel and electricity supply, efficiency and research and development, against a backdrop of a recovery in global energy demand as well as strengthened pledges from governments and the private sector to address climate change.

The report focuses on two key questions: whether the growing momentum among governments and investors to accelerate clean energy transitions is translating into an actual uptick in capital expenditures on clean energy projects; and whether the energy investment response to the economic crisis caused by the Covid-19 pandemic will be broad-based or if some sectors, geographies and vulnerable parts of the world’s population will be left behind.

“The rebound in energy investment is a welcome sign, but much greater resources have to be mobilised and directed to clean energy technologies to put the world on track to reach net-zero emissions by 2050”, said Dr Fatih Birol, IEA Executive Director.

→Executive summary

→Launch presentation

→Download report

Source: IEA