Energy Transition

Global investment in energy efficiency is stalling, says the IEA. Here’s why – and what needs to happen next

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Energy efficiency is crucial to reaching net-zero targets. Image: Unsplash/Jason Blackeye

Ewan Thomson
Senior Writer, Forum Agenda
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Energy Transition

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Figure showing the global investment in energy efficiency in 2030, by scenario.
Investment in energy efficiency must triple by 2030 to be able to deliver on emissions targets. Image: IEA

Figure showing the global investment in energy efficiency from 2016-2023, by sector.
The IEA projections indicate a slowing of efficiency investment that makes emissions targets harder to achieve. Image: IEA

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Figures showing the global trends in electric passenger light-duty vehicle markets, 2015-2023.
EVs have driven investment in transport to record highs in 2022. Image: IEA

Figure showing the energy efficiency investment in the industrial sector, 2016-2023.
Energy efficiency investment should be supported by policies and high energy prices. Image: IEA

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Related topics:
Energy TransitionFuture of the Environment
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