About International Energy Agency:
- It is an autonomous intergovernmental organisation within the OECD framework.
- It works with governments and industry to shape a secure and sustainable energy future for all.
- Historical Background: It was established in 1974, in the wake of the 1973-1974 oil crisis, to help its members respond to major oil supply disruptions.
- Mandate: Tracking and analyzing global key energy trends, promoting sound energy policy, and fostering multinational energy technology cooperation.
- Focus Area: It focuses on four main areas: energy security, economic development, environmental awareness and engagement worldwide.
- Headquarters: Paris, France.
- Member Countries: It consists of 32 member countries and 14 association countries.
- A candidate country to the IEA must be a member country of the Organisation for Economic Co-operation and Development (OECD).
- India joined this organization in 2017 as an Associate member.
- Reports Published by IEA: World Energy Outlook, World Energy Balances, Energy Technology Perspectives, World Energy Statistics and Net Zero by 2050.
