More than ever before, energy efficiency is central to the achievement of a range of policy goals, including energy security, economic growth and environmental sustainability.
Strong efficiency gains, despite the recent fall in energy prices, have had a significant impact on global energy demand, reducing consumers’ energy bills, holding back emissions growth and making energy systems more secure.
However, global progress has become dependent on yesterday’s policies, with the implementation of new policies slowing. If the world is to transition to a clean energy future, a pipeline of new efficiency policies needs to be coming into force. Instead, the current low rate of implementation risks a backward step.