Turbines from the Roth Rock wind farm spin on the spine of Backbone Mountain near Oakland, Md., on August 23. The International Energy Agency says renewable energy projects are getting a boost of investment from governments around the world.

Chip Somodevilla/Getty Images

NPR

Global demand for all types of fossil fuels will peak by the mid-2030s, according to new projections from the International Energy Agency that offer a rare glint of optimism about climate change.

In its annual World Energy Outlook released on Thursday, the IEA — a highly influential energy group — said it expects that the world's demand for oil, natural gas and other carbon-emitting fuels will start to decline because of new policies that governments have put in place to fight climate change. It also suggested that the energy crisis sparked by the war in Ukraine will accelerate the switch to green energy.

The report did not show that the world is on track to stop global warming. The gap between what's happening and what needs to happen remains immense.

But the world is shifting — and it's shifting in the right direction, the IEA said.

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