Global Energy Markets after Paris COP-21

Be wary of cuts in upstream oil and gas investment -they pose threats to energy security and could lead to greater price volatility

COP21 was historic and a catalyst for more innovation, research and investment in clean energy technologies

2015 saw progress in solar PV, wind and electric vehicles, but other areas such as CCS and biofuels are lagging behind
International collaboration is crucial to respond to energy security & environmental challenges; IEA is pursuing modernization efforts:

I.“Opening its doors” to the emerging economies
II.Taking on a new role to safeguard natural gas security
III.Becoming a global Clean Energy Hub

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