International Energy Agency at Business Glossary

What is it? The IEA is an autonomous agency linked with the Organization for Economic Cooperation and Development (OECD). It is the authoritative source for energy statistics worldwide and an energy policy advisor for 26 member countries. It was founded during the oil crisis of 1973-74 and was initially focused on coordinating efforts between member countries in times of oil supply emergencies. Since then it has expanded its role to encompass climate change policies, market reform, energy technology collaboration, and outreach to the rest of the world.

Business Dictionary Term Definition Added By: Alexa

Send To Friends!

If you'd like to send the International Energy Agency definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of International Energy Agency. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Business Terms:

Business Term Subsistence Agriculture is Small-scale agriculture designed to meet the consumption needs of individual households.

Business Term globalization of markets is Moving away from an economic system in which national markets are distinct entities, isolated by trade barriers and barriers of distance, time, and culture, and toward a system in which national markets are merging into one global market.

Business Term Country of Origin is The country in which goods were produced, mined, grown or manufactured.

Business Term Present value is The amount of cash today that is equivalent in value to a payment, or to a stream of payments, to be received in the future.

Business Term Preferred shares is Preferred shares give investors a fixed dividend from the companys earnings. And more importantly: preferred shareholders get paid before common shareholders.