Fatih Birol, executive director of the International Energy Agency, said in an exclusive interview with Xinhua during the annual meeting of the world economic forum on the 23rd that affected by factors such as post epidemic recovery and the conflict between Russia and Ukraine, the growth of global renewable energy demand is "very strong", and China "plays a very important role" in this field. According to the sustainable recovery tracking report released by the International Energy Agency in April, by the end of March this year, governments around the world had allocated more than $710 billion for sustainable recovery in the post epidemic era. Birol predicted that the global demand for renewable energy will continue to increase due to factors such as the conflict between Russia and Ukraine. "We see that the prices of oil, natural gas and coal are rising, which has become an important risk for the global economy." "I expect that without positive and surprising factors, we will see oil prices remain high and volatile in the coming weeks and months," Birol said To cool global oil prices, the International Energy Agency announced last month that its member states would release 120 million barrels of oil reserves. The International Energy Agency, founded in 1974, includes 31 Member States and has a total of 1.5 billion barrels of oil reserves. He said, "The growth momentum of renewable energy is very strong. Last year and this year, we have seen significant growth in renewable energy, especially in the field of solar energy, in which China has played a very important role. 60% of the global solar energy growth comes from China. China is a leader in solar energy, wind energy, hydropower and electric vehicles. Today, more than half of the world's electric vehicles come from China." The International Energy Agency predicted this month that despite adverse factors such as rising costs and supply chain bottlenecks, the new installed capacity of global renewable energy power generation is expected to break the record again in 2022. The agency said in a press release that driven by strong policy support from China, the European Union and Latin America, the growth of renewable energy has been much faster than originally expected this year. The annual meeting of the world economic forum was held in Davos, Switzerland, from 22 to 26, focusing on four major challenges: geopolitical risks, the new crown pandemic, climate change and global economic risks. (Xinhua News Agency)