WHAT WE DO AND WHY
The burning of fossil fuels for energy consumption is among the largest sources of global greenhouse gas emissions worldwide. So any effort to mitigate climate change must involve energy efficient strategies. After all, the easiest and cheapest clean energy solution lies in the energy we don’t use.
Significant focus and attention is needed in the industrial sector, which accounts for more than a third of the world’s primary energy use.
Industrial energy efficiency is a critical first step in the clean energy transition. Aside from the incredible benefits for our planet and people, energy efficient technology and management practices provide numerous attractive benefits for business. Adopting energy efficient measures and technologies allows industry to reduce operational costs and boost productivity.
Yet despite its enormous potential, industrial energy efficiency remains largely overlooked. We are on a mission to change that.
At the Industrial Energy Accelerator, we are enabling a far more rapid adoption and appreciation for the potential of industrial energy efficiency. Through a series of dedicated efforts which include providing industries — both large and small — with the latest knowhow, the Accelerator aims to drive momentum for industry, investors and policymakers to embrace energy efficiency.
Our experience shows that industrial companies can immediately reduce their energy use by up to 15 per cent through a range of interventions which include equipment upgrades and improved energy management systems. Imagine if such practices were adopted worldwide!
When it comes to the environment, industrial energy efficiency industry has the technical potential to decrease its energy intensity and emissions by up to 32 per cent. This would provide a striking 8 to 12.4 per cent reduction in total global energy use and CO2 emissions.
WHO WE ARE
The Industrial Energy Accelerator is a UNIDO-led network of international initiatives working to inspire global action on industrial energy efficiency.
Together, we showcase the vast opportunities that industrial energy efficiency can provide for people, businesses, economies and the planet. In emerging and developing economies, our local teams of experts help drive momentum for energy efficiency with tailored training for industries, improved access to finance for entrepreneurs and policy advice for governments.
Together, these partners work to rally government, industry and finance around solutions that ignite change in energy-intensive industries.
Sustainable Energy for All (SEforALL) is an international organization working with leaders in government, the private sector and civil society to drive further, faster action toward achievement of Sustainable Development Goal 7 (SDG7), which calls for universal access to sustainable energy by 2030, and the Paris Agreement, which calls for reducing greenhouse gas emissions to limit climate warming to below 2° Celsius.
The Global Environment Facility (GEF) is an international partnership of 183 countries, international institutions, civil society organizations and the private sector that addresses global environmental issues. The GEF has long recognized the importance of energy for economic development, as well as the negative effects of inefficient energy use. For that reason, the GEF supports the transfer of energy-efficient technologies, but also helps to reform policies and regulations that foster energy efficiency.