Risk glossary


International Energy Agency (IEA)

The IEA, based in Paris, is an intergovernmental organisation that acts as energy policy adviser to 28 member countries. Founded during the oil crisis of 1973-1974, the IEA’s initial role was to co-ordinate measures in times of oil supply emergencies. Its mandate has broadened to incorporate the ‘four Es’ of balanced energy policy-making: energy security, economic development, environmental protection and engagement of producers and consumers. Current work focuses on climate change policies, market reform, energy technology collaboration and energy research.

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