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IEA sees surge in clean energy commitments from development banks

GenevaTimes by GenevaTimes
June 7, 2025
in Europe
Reading Time: 2 mins read
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IEA sees surge in clean energy commitments from development banks
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Economy
Materials
8 June 2025 03:33 (UTC +04:00)

IEA sees surge in clean energy commitments from development banks

Photo: Center for Media Analysis


Global development finance institutions (DFIs) have emerged as the largest providers of international public finance for energy, delivering around $43 billion annually between 2015 and 2024, with nearly 80% of that sum supporting clean energy initiatives, according to the International Energy Agency’s latest outlook.

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