The International Energy Agency (IEA) based in Paris, France aligns with countries, companies, and citizens from all over the world by pushing for the end of the fossil fuel era for the sake of the environment and humanity.
“There is no need for investment in new fossil fuel supply in our net-zero pathway. Beyond projects already committed as of 2021, there are no new oil and gas fields approved for development in our pathway, and no new coal mines or mine extensions are required,” announces the IEA, an autonomous intergovernmental organization, in a statement.
The exploration for oil, gas, and coal must come to a full stop for the planet not to get warmer than the 1.5 degrees Celsius set during the Paris Agreement. Emissions must be cut in half by 2030 and cut to net-zero by 2050 across the globe. A growing number of governments, corporations, and banks are committing to net-zero targets, pushed by civil society.
