The International Energy Agency (IEA) is an autonomous body established in 1974 within the framework of the Organisation for Economic Cooperation and Development (OECD) to carry out a comprehensive programme of energy cooperation among twenty-six of the OECD’s thirty Member countries. The basic aims of the IEA are to maintain and improve systems for coping with oil supply disruptions; to promote rational energy policies in a global context through cooperative relations with nonmember countries, industry and international organisations; to operate a permanent information system on the international oil market; to improve the world’s energy supply and demand structure by developing alternative energy sources and increasing the efficiency of energy use; and to assist in the integration of environmental and energy policies. The International Emissions Trading Association (IETA) is a non profit organization created in June 1999 to establish a functional international framework for trading emissions reductions. IETA works for the development of an active, global greenhouse gas market, consistent across national boundaries. The organisation constitutes a neutral platform where members meet and interact with the objective to participate in the design and implementatio
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