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Al Jazeera
Al Jazeera
Business

Ukraine war to speed shift to green energy, IEA says

IEA Ukraine Fatih Birol Russia Oil Coal Natural Gas United States
Spiralling energy costs caused by various economic factors and the Ukraine war could be a turning point towards cleaner energy, the International Energy Agency said in a report on Thursday, October 27 [File: Amr Nabil/AP]

Russia’s invasion of Ukraine is likely to accelerate the world’s transition to greener energy from fossil fuels, the International Energy Agency (IEA) said on Thursday.

“Energy markets and policies have changed as a result of Russia’s invasion of Ukraine, not just for the time being, but for decades to come,” said Fatih Birol, executive director of the agency, which released its annual World Energy Outlook report.

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