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IEA: Countries not on course to double rate of energy efficiency improvement by 2030

Stuart Stone, 07 November 2024

Much faster progress on energy efficiency is needed to meet target set at
COP28 Climate Summit, International Energy Agency warns.

One year on from the historic pledge at COP28 to double the rate of energy efficiency
improvements by 2030, a new analysis has cautioned that signatories to the
agreement brokered in Dubai are not badly off track to meet the goal.

According to the International Energy Agency’s (IEA) Energy Efficiency 2024
report, global primary energy intensity, the overarching measure of energy
efficiency, is set to improve by around one per cent in 2024 – the same
rate as in 2023, and around half the average rate experienced between 2010
and 2019.

At the COP28 Climate Summit in Dubai last year almost 200
countries signed up to the UAE Consensus, which included headline targets
to treble renewables capacity and double the rate of energy efficiency
improvements by 2030, which would mean improving energy intensity from two
per cent in 2022 to four per cent by the end of the decade.

Business Green, 7th Nov 2024 https://www.businessgreen.com/news/4377058/iea-countries-course-double-rate-energy-efficiency-improvement-2030

November 10, 2024 - Posted by Christina Macpherson | ENERGY