World Energy Outlook 2021
Against the backdrop of turbulent markets and a crucial meeting of the COP26 conference on climate change in Glasgow, the 2021 World Energy Outlook (WEO) provides an indispensable guide to the opportunities, benefits and risks ahead at this vital moment for clean energy transitions.
The WEO is the energy world’s most authoritative source of analysis and projections. This flagship publication of the IEA has appeared every year since 1998. Its objective data and dispassionate analysis provide critical insights into global energy supply and demand in different scenarios and the implications for energy security, climate targets and economic development.
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State of play
Recovery from the Covid-19 pandemic is underway, but it is uneven, prone to reversals and relatively carbon intensive. The economic impacts appear to have bottomed out in most cases in late 2020 or early 2021, with the exception of China which started its recovery earlier. Countries with fiscal means and access to vaccines are seeing a robust rebound. However, many emerging market and developing economies face continued risks due to low vaccination rates and rising indebtedness.
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Click to download PDF - 1.21MBPDF