About
The "Global Energy and Climate Outlook" is an annual publication of the JRC, produced in close collaboration with DG CLIMA.
Based on quantified assessment by the JRC's internal energy-economics teams, GECO provides a global picture of energy markets as they transform over the next decades, under the simultaneous interactions of economic development, technological innovation and climate policies.
To be informed on GECO-related updates, please contact us at JRC-GECO
ec [dot] europa [dot] eu (JRC-GECO[at]ec[dot]europa[dot]eu)
At a glance: GECO 2023 facts and figures
Imminent peak
Global emissions set to peak by the middle of this decade
Even without additional climate policies – but large implementation and ambition gaps to 1.5°C remain
1.4%
Investment in energy as a share of global GDP
Investment in renewables experience a strong increase but remain at a small share of total global investment
More jobs
The energy transition boosts employment
Direct jobs in the energy sector are needed, as well as in the upstream sectors to produce goods required for the energy transition
