International Energy Agency (IEA) IS GOING TO FREE ITS ALL GLOBAL ENERGY DATA, Quantum Commodity Intelligence informed today. This will significantly improve data transparency in the energy sector as the world prepares to reduce dependency on fossil fuels and move towards a low-carbon future.
The proposal still needs to be supported by member countries at the next ministerial meeting to be held 2-3 February.
The member states currently funding IEA would need to increase their contributions to cover its annual budget shortfall ($8.1m, or around 25%).The decision was made after more than 30 international academics have written to IEA to call for it to drop its paywalls for national energy datasets, which are collected using public funds.
