• News 26 August 2022 Financing energy efficiency for Mongolia’s NDC Global electricity demand by electric motors and motor systems can be reduced by 20-30% by 2030 if adequate efficiency measures are deployed, according to United for Efficiency. To realize these savings, performance standards for key industrial equipment, including electric heat pumps and motors, need to be complemented by incentives to increase the adoption of energy management systems and improved information. As part of the NDC Action Projects work in Mongolia, a Climate Mitigation…
• Event 16 August 2022 The Spanish ESCO market - Trends and Barriers Although ESCOs are not yet a prominent implementation modality for energy efficiency in Europe, ESCOs are experiencing a growing market for their services in Spain. As such, Spain may be blazing the trail for other markets in Europe, where ESCOs are yet to establish a strong foothold. Carlos Ballesteros, the CEO of the Spanish ESCO association, ANESE, and recently also a member of the Advisory Board of the Global ESCO Network, shares insights on the trends in the Spanish ESCO market as well as…
• Event 26 July 2022 Enabling energy service companies: catalysts for European energy independence and decarbonisation ESCOs are a proven tool to increase energy efficiency and decarbonize priority sectors for a sustainable energy transition which are key in achieving Europe’s energy independence. The session will discuss the needs of the ESCO industry, the existing enabling framework and emerging opportunities in Europe, that are complemented by insights from global ESCO markets.
• Podcast 26 July 2022 Financing Energy Efficiency Investments Problem: It is a critical time for energy efficiency. Despite its recognised importance, improvements have fallen short of expectations. Energy efficiency increase amounted to only around 2% per year between 2011 and 2020. The Covid-19 pandemic further hit energy efficiency efforts hard. In 2020, improvements were estimated to be only 0.8%, which is substantially lower than the SDG target of 2.6% per year. The International Energy Agency finds that progress on energy efficiency globally…
• Podcast 26 July 2022 Energy Efficiency Financing Problem: There is a fundamental disconnect between the finance community and energy efficiency. The Mission Efficiency Financing Charette was convened to undo this disconnect. The charette brought together two groups: the world’s finance community (private sector, development banks, philanthropic organisations, climate finance facilities, etc.) and the projects and initiatives. Key message: To address current gaps and facilitate commitments to work together to redefine investing in energy…
• News 15 July 2022 Zimbabwe on track to better climate action transparency Zimbabwe has finished the first phase of the country’s work with the Initiative for Climate Action Transparency (ICAT), and is now on track to better collect data key to attaining national climate change goals. The data will be crucial in mobilizing resources for implementation of Zimbabwe’s Nationally Determined Contributions (NDCs) to the Paris Agreement, and for tracking and evaluating implementation, as well as assessing impacts of policies and actions. “The support received from ICAT…
• News 28 June 2022 The road to finance Colombia’s NDC The Government and private sector in Colombia now have a better idea of how the country’s Nationally Determined Contribution (NDCs) to the Paris Agreement can be financed. A new roadmap, outlining ways to finance the urgently needed climate action was presented this month. It was developed with direct support from the NDC Action project, managed by the UNEP Copenhagen Climate Centre. The roadmap was presented at a high-level event held in Bogota on 16 June, hosted by leading Colombian thinktank…
• News 17 June 2022 Mission Efficiency creates platform for energy efficiency investment This week, Mission Efficiency concluded the first Energy Efficiency Financing Charrette. The event brought together energy efficiency and financial experts from around the world, successfully creating a new platform that will enable these two communities to work together to accelerate the scope and pace of energy efficiency projects globally. The charrette format allowed for open exchanges of interdisciplinary viewpoints and ideas on multiple topics and in a short period of time. The event was…

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