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IEA approves third term for head that pushes clean energy

The International Energy Agency has approved a third term for executive director Fatih Birol, as the organization seeks a faster transition to clean energy, it said Friday.

The Turkish economist, who has been in the role since September 2015, will serve another four years from September 2023.

His mandate, unanimously approved by the board of the Paris-based agency, comes at a “crucial moment” for the IEA, it said in a statement.

Birol now had the “strong support to lead a new era for the IEA”, he added.

The agency has since its inception focused on the energy security of developed countries, but its mission was officially extended this week to seek carbon neutrality to tackle climate change.

Under its new missions, the IEA will also focus on the demand for metal and mineral resources, the key to producing carbon-free energy hardware.

The IEA was established in 1974 after the oil crisis with a mandate focusing on energy security and policy cooperation.

Under Birol’s leadership, the IEA has focused on the transition to low-carbon energy as part of the sector’s fight against climate change.

In May 2021, the IEA produced a roadmap that included a call for no investment in new fossil fuel supply projects.

IEA approves third term for head that pushes clean energy

Source link IEA approves third term for head that pushes clean energy

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