International Energy Agency

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International Energy Agency

Organisations
International Energy Agency

At its annual ministerial meeting in Paris, the International Energy Agency noted progress on India’s request for full membership. India currently participates in the organisation as an Association Country.

International Energy Agency (IEA):

Dimension Key Details
Established Created in 1974 in response to the 1973 oil crisis
Nature Paris based autonomous intergovernmental organization
Original Mandate Formed to help member nations manage oil supply disruptions
Core Mission Ensures energy security promotes economic development and encourages environmental sustainability
Membership Has 32 member countries all of which are OECD members; India participates as an Association Country
Key Reports Publishes World Energy Outlook and Oil Market Report
Functions Analyzes global energy trends coordinates emergency response to oil supply shocks and supports clean energy transition
Recent Focus Areas Net zero transition critical minerals monitoring and energy security including response to 2022 to 2023 energy crisis
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Q 1 / 5

With reference to the International Energy Agency (IEA), consider the following statements:

1. It is a Paris-based autonomous intergovernmental organization.
2. It was originally formed to help member nations manage oil supply disruptions.
3. India is currently a full member of the IEA.

Which of the statements given above are correct?