The urgent action we need to take on energy efficiency

Despite energy efficiency’s tremendous potential, the world is struggling to capture its full benefits. Recognising this, the Global Commission for Urgent Action on Energy Efficiency has issued ten recommendations to support governments in achieving more ambitious action on energy efficiency. Global energy efficiency is not improving quickly enough to offset strong energy demand and carbon dioxide emissions growth. In light of these worrying trends, there is a growing recognition by governments and leaders across the globe that efficiency efforts need to be stepped up. Convened by the Executive Director of the International Energy Agency (IEA) in response to the global slowdown of energy eff

Net zero emissions target for Australia could launch $63bn investment boom

Australia could unlock an investment boom of $63bn over the next five years if it aligns its climate policies with a target of net zero emissions by 2050, according to new economic modelling. The analysis, by the Investor Group on Climate Change (IGCC), finds the investment opportunity created by an orderly transition to a net zero emissions economy would reach hundreds of billions of dollars by 2050 across sectors including renewable energy, manufacturing, carbon sequestration and transport. However, if the country keeps to its current targets and climate policies, investment worth $43bn would be lost over the next five years, growing to $250bn by 2050. The Investor Group on Climate Change

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