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International Energy Agency

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Chapter Summary

The International Energy Agency (IEA) - an autonomous agency within the OECD - is an international organization that that combines the role of an intergovernmental energy policy think-tank or research institute with the role of administrator of an emergency oil-sharing programme. IEA membership is only open to OECD members. There is therefore a double threshold: First, OECD membership and then IEA membership (with accession requiring signature/ratification of the IEP, acceptance of the subsequent acquis and a majority decision by the IEA Governing Board); new members have to be "willing and able to meet the requirements of the Energy Programme". The main organs of the IEA are the Governing Board and the Secretariat, headed by the Executive Director. The IEA has its own budget, fed by member contributions based on the OECD scale of contributions.

Keywords: International Energy Agency (IEA); OECD; Secretariat



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