Industry and Energy

Industry and Energy

Fatih Birol: Energy efficiency is key to stronger energy security and competitiveness

30 June 2026 10:09 (UTC +04:00)

“As successive energy crises have shown, energy efficiency remains one of the most powerful tools available to governments for strengthening energy security, lowering costs and boosting economic competitiveness. Best of all, it is a resource that every country possesses in abundance,” said IEA Executive Director Fatih Birol, iea.org reports.

“The commitments made in Montreal today demonstrate strong international resolve to put efficiency at the heart of energy policy and accelerate progress towards a more secure, resilient and sustainable global energy system. Just as the oil crises of the 1970s drove major improvements in the way energy is used, today’s crisis is set to serve as a catalyst for faster action on efficiency,” he said.

Emil Ismayilov

Fatih Birol IEA energy efficiency energy security global energy markets energy policy economic competitiveness sustainability Montreal COP31 energy crisis

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