International Energy Agency

The International Energy Agency is an intergovernmental organization headquartered in Paris, France, established in 1974 in the wake of the oil crisis to coordinate responses to energy-supply disruptions among its member countries. It operates in connection with the OECD and has expanded its remit to cover the full energy system. The agency is widely known for its energy data, analysis, and forecasts, including flagship publications such as the World Energy Outlook and regular market reports. It advises governments on energy security, efficiency, and the transition toward lower-carbon systems, and maintains a framework for coordinating emergency oil stocks. Its projections are scenario-based and inform, but do not bind, national energy policy.