According to ESG News, this digital portal was created in partnership with UN Climate Change and will function as a central repository for the most recent information and analysis.

This action demonstrates the IEA's dedication to helping nations reach the benchmarks set in Dubai.

By combining its enormous collection of global energy facts, monitoring tools, and analytical knowledge, the IEA hopes to provide stakeholders and decision-makers with priceless resources.

This all-inclusive resource will offer up-to-date progress reports and crucial instruments to accelerate the path towards the predetermined goals.

The webpage is updated often to reflect the most latest information and analysis, which is evidence of the IEA and UN Climate Change's renewed collaboration.

Recognizing the necessity of reaching net-zero energy emissions by 2050 in order to maintain the 1.5°C objective set forth in the Paris Agreement, over 200 countries at COP28 outlined critical group goals.

These include tripling the amount of energy produced by renewable sources, tripling energy efficiency improvements by 2030, hastening the shift from fossil fuels, and incorporating cutting-edge technologies such as carbon capture and low-emission hydrogen

The new IEA tracking website offers an overview of the current state of affairs worldwide in relation to these goals and the scheduled benchmarks for 2030.

Throughout this crucial ten-year period, this resource assists decision-makers as they turn pledges into workable plans. The page also features the most recent IEA studies and policy suggestions, supporting governments in their efforts to meet these targets and expedite a smooth and inclusive shift to clean energy.

"Countries made historic energy pledges at COP28 to keep the 1.5°C goal achievable," said IEA Executive Director Fatih Birol. Complete and quick implementation is now essential. Progress monitoring is essential to these initiatives. We at the IEA think that the secret to management is measurement. Our goal is to assist governments in keeping their promises and reducing global warming by routinely disseminating the most recent information, analysis, and policy recommendations. Building a more secure and sustainable energy future requires doing this.

On government request and in cooperation with UN Climate Change and the COP28, COP29, and COP30 Presidencies, the IEA is actively supporting the achievement of the energy-related targets set forth during the first Global Stocktake in Dubai.

This project includes helping nations draft their next Nationally Determined Contributions (NDCs) in accordance with the Paris Agreement and providing forums for leaders to share insights and best practices.

As part of this endeavor, the IEA will hold several High-Level Energy Transition Dialogues in 2024 in conjunction with Azerbaijan's COP29 Presidency, helping to prepare for the COP29 conference in Baku.