Climate ChangeEnergyNews

International Energy Agency commits to become net zero by 2024

1 Mins read

Agency announces goal of bringing down greenhouse emissions from its activities rapidly in alignment with the recommendations of its landmark Roadmap to Net Zero by 2050

The International Energy Agency announced today that it is committing to reduce greenhouse gas emissions from its activities to net zero by 2024, aligning itself with the recommendations of its recent landmark report Net Zero by 2050: A Roadmap for the Global Energy Sector.

“The IEA is committed to helping all countries achieve their energy and climate goals, with our Roadmap to Net Zero by 2050 providing a narrow but achievable pathway to this critical goal,” said Fatih Birol, the IEA Executive Director. “As I have pointed out repeatedly, it’s not enough to simply talk about net zero – you have to act. That’s what we’re doing by putting in place practical measures that follow the recommendations of our Roadmap. We are determined for the IEA to reach net zero by November 2024 – the 50th anniversary of the founding of our Agency.”

Based on a detailed assessment of the greenhouse gas emissions footprint of its operations and in accordance with the highest international standards, the IEA is pursuing a concrete and practical action plan to reduce emissions quickly and as close to zero as possible. This will include all emissions from the use of IEA offices, official missions, staff members’ commutes, procurement of goods and services, waste generation, water use, and fugitive emissions from air conditioning and other areas.

Planned measures include encouraging greater use of video-conferencing to reduce travel; purchasing clean electricity for offices; and engaging with suppliers and contractors on addressing emissions from the goods and services they provide to the IEA. For any residual emissions the Agency may still have in 2024, it will purchase carbon credits with the highest level of environmental integrity. 

The IEA will provide annual updates on its progress towards net zero emissions. This will include verification of the outcome in 2024 by an independent third party.


Related posts

CHRAJ orders GCB to compensate, re-instate defunct UT, Capital Bank staff

5 Mins read
The Commission on Human Rights and Administrative Justice (CHRAJ) has ordered the Ghana Commercial Bank (GCB) to pay compensation and re-instate some…

How a 30-year-old turned her $3,400 tax refund into a $12,000-a-month side hustle

3 Mins read
Shereen Campbell normally spent her tax refund on vacations, shoes, and clothes. But six years ago, she used a $3,400 refund to…

Prospects for remittances to emerging markets amid rising inflation.a

3 Mins read
Remittances to low- and middle-income countries are projected to rise by 4.2% in 2022 Inflows are expected to provide crucial support amid…

Leave a Reply

Your email address will not be published.