IEA

The head of the IEA, Fatih Birol, told the BBC ahead of the summit that there was increased "international fragmentation" leaving countries unable to solve the biggest risks to energy security.

Many think tanks and researchers have defended the IEA's position.

Because of the robust growth in SUVs sales, the IEA says oil consumption of these vehicles has increased by 600,000 barrels per day globally between 2022 and 2023, accounting for more than a quarter of the total annual rise in global oil demand.

Although the vast majority of new SUVs still burn fossil fuels, IEA officials have said that over 20% of SUVs sold in 2023 were fully electric, up from 2% in 2018.

"If ranked among countries, the global fleet of SUVs would be the world's fifth largest emitter of CO2, exceeding the emissions of Japan and various other major economies," said Apostolous Petropolous, an energy modeller with the IEA.