Fatih Birol

Solar investment outshines oil: IEA

Investment in solar power is expected to overtake oil for the first time this year as clean energy spending outpaces that for fossil fuels, the International Energy Agency (IEA) said in a report yesterday. 

While that is a welcome development, warned the IEA that investment in fossil fuels is rising when it should be falling fast to achieve net zero emissions by 2050.

Countries failing to meet climate vows to face warning in 2023: IEA chief

Countries that fail to meet the climate commitments will receive warnings at the UN's next climate summit slated for 2023, the head of the International Energy Agency (IEA) said on Nov. 7.

Speaking to Anadolu Agency in an interview on the sidelines of the COP26 conference, Fatih Birol said the COP26 Presidency appointed the IEA to monitor and report on countries' progress.

IEA head Birol named among top influencers

Fatih Birol, the head of the International Energy Agency (IEA), has been named one of the most influential 100 persons of 2021 by Time, a political magazine based in New York City, United States.

Birol, 63, who has been the executive director of the agency since 2015, is the only Turkish person that made it to Time's annual influencer list this year.

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