International Energy Agency (IEA)

The International Energy Agency (Headquartered in Paris) is an autonomous intergovernmental organization established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in response to the 1973-1974 Middle East War crises. At present the membership of the group counts as 30 member states.

• The main policy decisions and the agency framework were stipulated in the IEA Agreement within the International Energy Programme treaty.
• The IEA has a broad role in promoting alternate energy sources (including renewable energy), rational energy policies, and multinational energy technology co-operation. The Agency’s mandate has broadened to focus on the “3Es” of effectual ....