By Lisa Jacobson, President, BCSE and Harry Verhaar, Head of Global Public & Government Affairs, Signify
As heads of state and industry leaders convene in Sharm el-Sheikh for COP 27 this month, energy professionals hope to discuss the clean energy transition – of which energy efficiency is a critical component. According to the International Energy Agency, investments in energy efficiency alone can achieve 40% of the emissions reductions needed to meet Paris Agreement climate goals.
Energy efficiency investments in key areas like lighting and the building envelope not only reduce energy consumption but can bring cost savings to consumers. Already, new developments in the United States and Europe are seizing this opportunity to bring energy efficiency to the forefront of clean energy policy.
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