With reference to the International Energy Agency IEA consider the following statements The IEA is a...........

Economic and Social Issues Liberalization, Privatization and Globalisation

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With reference to the International Energy Agency (IEA), consider the following statements

The IEA is an autonomous organisation established in the framework of the Organisation for Economic Co-operation and Development (OECD).
The Clean Energy Transitions Programme (CETP) was launched by the IEA in 2017.

Select the correct statement.

1 only

2 only

Both

None

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Explanation:

The International Energy Agency (IEA) was established in 1974 as per the framework of the Organisation for Economic Co-operation and Development (OECD). IEA is an autonomous intergovernmental organisation. Headquarter: Paris, France

It was established in the wake of the oil crisis of 1973-1974, to help its members respond to major disruptions in oil supply.
Over time, the mandate of the IEA has expanded to include tracking and analyzing key global energy trends, promoting sound energy policy and encouraging multinational energy technology cooperation.
Its mission is to ensure reliable, affordable and clean energy for its member countries and beyond.

Area of focus: Its mission is guided by four main areas

Energy Security,
Economic Development,
Environmental Awareness and
Engagement Worldwide.

The Clean Energy Transitions Programme (CETP) was launched in November 2017 by the IEA. It is an effort to accelerate global clean energy transitions.

Hence both statements are correct.