In this inaugural annual report on energy investments around the world, the International
Energy Agency (IEA) looks at the lifeblood of the global energy system: investment.
The ability to attract and direct capital flows is vital to transitioning to a low-carbon
economy while also maintaining energy security and expanding energy access worldwide.
The success or failure of energy policies can be measured by their ability to mobilise
investments.The new report measures in a detailed manner the state of investment in
the energy system across technologies, sectors and regions. The analysis takes a comprehensive
look at the critical issues confronting investors, policy-makers, and consumers over
the past year.World Energy Investment 2016 addresses key questions, including :What
was the level of investment in the global energy system in 2015? Which countries attracted
the most capital?What fuels and technologies received the most investment and which
saw the biggest changes?How is the low fuel price environment affecting spending in
upstream oil and gas, renewables and energy efficiency? What does this mean for energy
security?Are current investment trends consistent with the transition to a low-carbon
energy system?How are technological progress, new business models and key policy drivers
such as the Paris Climate Agreement reshaping investment?As a unique benchmark of
current investment trends, World Energy Investment 2016 serves as a complement to
the forecasts and projections found in other IEA publications and provides a critical
foundation for decision making by governments and industry.