Dr. Fatih Birol, IEA Executive Director, was in Korea on an official visit on 1-2 September 2016.
He met with Mr. Joo Hyunghwan, Minister of Trade, Industry and Energy, with their discussions concentrating on expectations for a re-balancing of global oil markets and on progress countries are making on climate policy since the Paris UN Climate Conference (COP 21) ended last December. They also spoke about recent developments in Korean energy policy, including opening up electricity and gas markets, increasing renewable energy production and improving energy efficiency – all topics much debated in other IEA countries.
Dr. Birol also met with Mr. Syekyun Chung, the Speaker of the National Assembly. Their talks focussed on the implications of developments in global energy markets on Korea’s own energy landscape as well as the efforts underway to modernize the IEA, particularly through closer engagement with countries in Asia.
His other engagements during the visit included participation in Korea Energy Economics Institute’s 30th Anniversary International Conference “Future Energy System under New Climate Change Regime”, which was presided over by Mr. Joo Heon Park, President (KEEI). Dr. Birol delivered the keynote address on Global energy prospects and policy priorities post COP-21.
On the first day of the visit, Dr Birol was in Busan to attend the 17th World Clean Air Congress and 9th CAA Better Air Quality Conference to present the recent World Energy Outlook Special Report on Air Pollution at an event that attracted around 1000 attendees.
Source: iea.org




While incremental annual gains obviously vary, there is nothing more assured than increasing global oil demand. The steady drumbeat of more people, making more money, using more oil may be boring to some, but it is also perhaps our most fundamental energy reality. The world now consumes ~95 million b/d of oil, up from 86 million b/d in 2008 and a 11% rise even amid the worst economic times since the 1930s.
Even the developed nations with saturated markets are by no means facing “declining oil demand,” regardless of what you keep hearing. U.S. oil demand won’t dip below 19.3 million b/d for as far as models are forecasting, and even environmental stalwart Europe is set for an increase in oil demand (here). This comes from the ignored fact that oil has no significant direct substitute. No matter the attention they receive or the incentives being offered, non-oil vehicles, for instance, are not even 1% of the vehicles being sold.




Based on new data for pollutant emissions in 2015 and projections to 2040, this special report, the latest in the World Energy Outlook series, provides a global outlook for energy and air pollution as well as detailed profiles of key countries and regions: the United States, Mexico, the European Union, China, India, Southeast Asia and Africa.
















Erik Solheim just concluded a two-day visit to Abidjan, a first for a Head of UN Environment in Côte d’Ivoire. The visit provided an opportunity to present the priorities of his mandate and discuss key environmental challenges constraining the country’s development process as it aspires to lift thousands out of poverty.
