What it is
The Institute for Energy Economics and Financial Analysis (IEEFA) is an independent research organization analyzing energy markets, trends, and policies with a focus on the financial case for the energy transition. It publishes freely available reports on fossil fuel financial risk, renewable energy economics, utility business models, and global energy investment flows.
Why we picked this
IEEFA makes the financial case for clean energy without ideological framing. Their research demonstrates that coal, oil, and gas projects are increasingly poor investments based on economics alone, not climate morality. For investors making allocation decisions, IEEFA's analysis provides the financial fundamentals that ESG ratings do not capture.
Key takeaways
- IEEFA's analysis has documented over $300 billion in fossil fuel asset write-downs by major energy companies since 2015.
- Their reports cover 30+ countries, with particular depth in Asia-Pacific energy markets where coal phase-out timelines are most contested.
- IEEFA research is cited by regulators, central banks, and institutional investors as independent evidence of fossil fuel financial risk.