New estimates from the International Energy Agency confirm fossil fuel consumption subsidies broke records last year, despite repeated promises from governments to phase out inefficient subsidies
But agency calls on policymakers to ramp up green policies and investments, noting that existing decarbonisation pledges still leave the world on track for dangerously escalating climate impacts
Achieving 'well under' 2C degree by mid-century is possible, analysts claim, but it will require up to $130tr of investment in clean energy and green hydrogen
IEA's World Energy Outlook confirms dramatic drop in emissions in 2020, but warns delivery of promised green recovery depends on urgent action from governments
Peak coal, electric vehicle take-off and green power growth - everything you need to know from the International Energy Agency's annual bumper report
BusinessGreen rounds up the 10 key insights for green business leaders from today's landmark IEA report