climate goal Archives

IEA: Energy Efficiency 2020 Report

8 December 2020 | Must Read

2020 saw energy efficiency’s weakest progress in a decade, according to the International Energy Agency (IEA). This threatens international climate goals and makes the next three years a critical period for reversing this worrying trend.

The already stagnant pace of global progress on energy efficiency is set to slow further this year as a result of the economic impacts of the Covid-19 crisis, deepening the challenge of reaching international energy and climate goals and making stronger government action critical.

Global primary energy intensity – a key indicator of how efficiently the world’s economic activity uses energy – is expected to improve by less than 1% this year, the weakest rate since 2010, according to the Energy Efficiency 2020 report. This is well below the level of progress needed to achieve the world’s shared goals for addressing climate change, reducing air pollution and increasing access to energy.

According to IEA analysis, improvements in energy efficiency can contribute around half of the reduction in energy-related greenhouse gas emissions that is required over the next two decades to put the world on a path to meeting international energy and climate goals.

Spending on efficiency-related stimulus measures is set to generate almost 2 million full-time jobs between 2021 and 2023. However, the IEA’s Sustainable Recovery Plan suggests further recovery efforts related to energy efficiency could create another 4 million jobs globally.

Download the full report here

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BPIE: On the way to a climate-neutral Europe – Contributions from the building sector

2 December 2020 | Must Read

Europe needs to reach a minimum 3% annual deep renovation rate to achieve a strengthened GHG reduction target and a boost for renewable heating and cooling.

Achieving a higher 2030 climate target requires intensified action in the building sector, according to a new analysis from BPIE – the Buildings Performance Institute Europe.

BPIE’s study demonstrates that deep renovation should increase to minimum 3% per year until 2030 to deliver the desired GHG reduction. This is in contradiction to the European Commission’s goal to double the annual overall energy renovation rate of 1%, as cited in its Renovation Wave.

The current deep renovation rate of 0.2%/a needs to grow by at least a factor 10 to 2% and should approach 3% as quickly as possible. The report describes how the share of fossil fuels in the energy mix in 2030 will decrease by 57% compared to 2015, while the renewable heat and electricity share will grow to 53% of the final energy demand.

This transformation will be possible with effective policies and support instruments. The Renovation Wave is opening the way to measures that will transform the building sector, but the implementation of policies and support instruments must become faster and more ambitious.

Download the full report here

IEA: Energy Efficiency 2020 Report

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BPIE: On the way to a climate-neutral Europe – Contributions from the building sector

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