By Ming Yang
Energy potency performs and should proceed to play a massive position on the earth to save lots of strength and mitigate greenhouse fuel (GHG) emissions. besides the fact that, little is understood on how a lot extra capital will be invested to make sure utilizing strength successfully accurately, and intensely little is understood which sub-areas, applied sciences, and nations shall in attaining greatest greenhouse fuel emissions mitigation in step with greenback of funding in power potency around the world.
Analyzing accomplished and slowly relocating strength potency initiatives through the worldwide setting Facility in the course of 1991-2010, Closing the distance: GEF studies in worldwide power potency evaluates affects of multi-billion-dollar investments on this planet strength potency. It covers the subsequent parts:
1. Reviewing the realm power potency funding and disclosing the worldwide strength potency hole and industry obstacles that reason the gap;
2. Leveraging inner most cash with public cash and different assets in power potency investments; utilizing those cash in tangible and intangible asset investments;
3. funding effectiveness in funds according to metric ton of CO2 emissions mitigation in 10 strength potency sub-areas;
4. significant boundaries inflicting failure and abandonments in power potency investments;
5. Quantification of direct and oblique CO2 emissions mitigations inside and out a venture boundary; and
6. category and estimation of CO2emissions mitigations from tangible and intangible asset investments.
Closing the space: GEF studies in worldwide power potency can function a guide for policymakers, venture traders and bosses, and undertaking implementation practitioners wanting benchmarks in power potency venture investments for decision-making. it will possibly even be utilized by scholars, researchers and different pros in universities and examine associations in method improvement for comparing strength potency tasks and courses.
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Extra info for Closing the Gap: GEF Experiences in Global Energy Efficiency
Accessed 29 November 2011. International Energy Agency. (2012). Energy efficiency definition. keyword_id=4122. Accessed 18 January 2012. International Energy Agency (IEA). (2006). World energy outlook. ISBN: 92-64-10989-7-9. Paris. References 7 International Energy Agency (IEA). (2009). World energy outlook. ISBN 978-92-64-06130-9. Paris. International Energy Agency (IEA). (2010a). The 25 IEA energy efficiency policy recommendations to the G8 gleneagles plan of action, energy policy, Elsevier, England, 38(11), ISSN 0301-4215.
Market barriers to energy efficiency: A critical reappraisal of the rationale for public policies to promote energy efficiency. Energy & environment division, Lawrence Berkeley National Laboratory, University of California, Berkeley. Report No. LBL-38059, UC-1322. pdf. Accessed 1 May 2012. , and Eichhammer W. (2010). Energy savings 2020: How to triple the impact of energy saving policies in Europe. pdf. Accessed 16 May 2012. Chapter 3 Overview of GEF Mandate in Energy Efficiency Abstract As an operating entity of the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC), the Global Environment Facility (GEF) has a mandate to provide financial resources to support the diffusion and transfer of Environmentally Sound Technologies (ESTs) to developing countries, and the development of such technologies within these countries.
4) on top of its Reference Scenario (or business-as-usual scenario) is needed to improve energy efficiency in three major sectors to address the efficiency gap from 2005 to 2030 worldwide (IEA 2006). 1 trillion, which is close to half of the total additional end-use energy efficient investments in all sectors in the world. 36 trillion. In brief, the IEA analysis says that from 2012 to 2030 the world needs to invest approximately US$96 billion per year (US$ 2,400 billion divided by 25 years) to address the energy efficiency gap in the industrial, transport, residential, and commercial sectors.