Our special report on clean energy innovation is out!

It shows the stark disconnect between aims for deep cuts in emissions & the current state of energy technologies.

Achieving global energy & climate goals requires a big acceleration in innovation ➡️ https://iea.li/31Ilitk 
Energy efficiency & renewables are fundamental for clean energy transitions.

But about 1/3rd of the CO2 emissions reductions needed to move the 🌍 onto a sustainable path would come from technologies that haven’t yet reached the market today.

More ➡️ https://iea.li/2ZssCa3 
Our new report – the 1st in @IEA’s revamped Energy Technology Perspectives series – examines how to speed up innovation to meet energy & climate goals while enhancing energy security

This includes a guide to the status of 400+ clean energy technologies ➡️ https://iea.li/38jq6qx 
Right now, clean energy innovation is under threat. A recent @IEA survey found that R&D budgets for key technologies are likely to be cut as a result of the #Covid19 crisis.

Now is not the time to weaken support for energy innovation. If anything, it is time to strengthen it.
Our report stresses the importance of making sure crucial clean energy solutions are ready at the start of multi-decade investment cycles in key industries.

Doing so could create huge markets for new technologies & avoid locking in vast amounts of emissions for decades to come.
Alongside our Sustainable Recovery Plan, this energy innovation report will be a key part of discussions at the @IEA Clean Energy Transitions Summit on 9 July.

Over 40 Ministers & high-level figures from countries representing 80% of 🌏 energy & emissions will attend.
You can follow @IEABirol.
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