President Salomé Zourabichvili of Georgia has joined a high-level global commission that is studying how to quickly speed up energy efficiency progress through new and stronger policy action. The new panel is composed of senior government figures, top business executives and energy sector thought leaders from around the world. It will produce a concise list of clear, actionable recommendations next year for policy actions that can be taken by countries across the globe to rapidly accelerate progress on energy efficiency.
The IEA calculates that with the right energy efficiency policies, the global economy could double in size by 2040 while still maintaining broadly the same level of energy use as today. Those policies alone would enable the world to achieve more than 40% of the emissions cuts needed to reach international climate goals using cost-effective technologies already available, according to IEA analysis.
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