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India Nears Full IEA Membership, Boosting Global Energy Ties
20 Feb
Summary
- India's full membership in the International Energy Agency is in its final stages.
- IEA members agreed to expand cooperation on critical minerals and energy security.
- The US threatened to withdraw from the IEA over its climate change advocacy.
India's full membership in the International Energy Agency (IEA) is progressing rapidly, with the process now in its final stages, according to IEA Executive Director Fatih Birol. This development is part of a broader strategy to strengthen institutional ties with key energy-producing and consuming nations, including Brazil, Colombia, and Vietnam.
The IEA ministerial meeting in Paris saw unanimous agreement to foster these deeper connections. This expansion is projected to increase the IEA family's share of global energy consumption to over 80%, a significant leap from less than 40% a decade ago. The agency aims to provide crucial insights to member governments for planning future energy security, affordability, and sustainability.
