IEA (International Energy Agency)
Overview:
| IEA Established: | 18 November 1974. |
| IEA Headquarters: | Paris, France. |
| IEA Members: | 31 member countries, 13 association countries. |
| IEA Objective: | To shape a secure and sustainable energy future for all. |
| Organization Type: | Energy Agency. |
What is IEA?
IEA stands for the International Energy Agency. IEA is an autonomous intergovernmental organization within the OECD framework, headed by its Executive Director that provides authoritative analysis, data, policy recommendations and solutions to ensure energy security and help the world transition to clean energy.
The Agreement on an International Energy Program established the mandates and structure of the IEA, chartering it as an autonomous organisation under the Organisation for Economic Co-operation and Development umbrella.
Establishment of IEA:
The IEA was created on 18 November 1974, after the 1973 oil crisis, to help coordinate a collective response to major oil supply disruptions by helping to ensure reliable energy supplies, promote energy efficiency, ensure energy security and encourage technological research and innovation.
Objectives of IEA:
The main objective of IEA is to shape a secure and sustainable energy future for all. The IEA also provides authoritative analysis, data, policy recommendations and solutions to ensure energy security and help the world transition to clean energy.
Headquarters of IEA:
The headquarters of IEA is situated in Paris, France.
IEA Members:
The organization began with 16 founding member countries and has since expanded to 31. Full members of the IEA must also be members of the OECD.
Currently, the IEA has 31 member countries, 13 association countries, and 4 accession countries that are seeking full membership, Chile, Colombia, Israel and Latvia.
31 member countries: Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, South Korea, Lithuania, Luxembourg, Mexico, New Zealand, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden, Switzerland, The Netherlands, Türkiye, The United Kingdom, and the United States.
13 association countries: Argentina, Brazil, China, Egypt, India, Indonesia, Kenya, Morocco, Senegal, Singapore, South Africa, Thailand, Ukraine.
Organization Structure:
The structure of the IEA includes a Governing Board, Standing Groups and Committees and Affiliated Groups.
Governing Board: The Governing Board is the decision-making body of the IEA, composed of energy ministers or their senior representatives from each IEA Member country. The Governing Board meeting at the ministerial level, held every two years, sets the broad direction for the Agency’s work.
Standing Groups and Committees: Several Standing Groups and Committees assist the Governing Board. They are made up of Member country government officials and meet several times a year.
Affiliated Groups: The IEA’s work is also informed by a variety of partnerships with business and industrial partners from all sectors, who provide valuable input into the agency’s work.