The Energy Efficiency Movement is a forum that brings together like-minded stakeholders to innovate and act for a more energy-efficient world.
Through innovation, the sharing of knowledge and insights, adoption of available energy-efficient technologies, smart investments and the right regulations and incentives, we can optimize energy efficiency and accelerate progress toward a decarbonized future for all. The Movement promotes the use of energy-efficient solutions and technologies to save energy, reduce costs and draw down CO2 emissions. We serve as a “voice of industry” on energy efficiency, representing the private sector to investors, public sector decision-makers, academia, non-governmental organizations and civil society.
The Movement was launched by ABB and has received a positive reaction throughout industry, with hundreds of companies joining since its launch in 2021.
From commitment to reality
Today, there is much talk about doubling the annual rate of energy efficiency improvements every year to 2030 and tripling the global renewable power capacity by the end of this decade. Using established technologies properly as outlined in the Movement’s Case for Industrial Energy Efficiency we can already make a significant head start on the progress needed to meet and exceed these commitments.
COP28 panel event: “The Case for Industrial Energy Efficiency”
Be sure to check out the Energy Efficiency Movement’s latest webinar, brought to you in partnership by ABB and the International Chamber of Commerce, on practical steps industry can take toward COP28’s pledge on energy efficiency.
It is estimated that by 2050 the global population will have risen to 9.7 billion, up from 7.7 billion in 2019. The global economy is expected to more than double over the same period. Urbanization, automation and the rise of living standards will significantly increase the demand for energy globally. At the same time, we urgently need to reduce CO2 emissions to counter climate change.
If we continue with business as usual, this scale of expansion will accelerate climate change, and degrade the quality of air and water upon which all life depends. To protect the environment, we need to redouble our commitment to reducing CO2 in the atmosphere.
In this context, energy efficiency is not an if, it’s a must. It is a simple and impactful solution to a multidimensional challenge, the low-hanging fruit we need to bridge our path to a future where all energy is clean energy. It represents low-hanging fruit because many of the technologies and business processes needed to improve energy efficiency globally already exist today – we just need to make more and better use of them. Energy efficiency is the ‘first fuel’ for a decarbonized future.
The benefits of greater energy efficiency go well beyond the fight against climate change and include environmental conservation, cleaner air and water, better public health, energy independence, and stronger economic growth and development.
Improving energy efficiency is simply common sense. While the challenges ahead are substantial, they are not insurmountable. With adequate investment, appropriate legislation and decisive commitment, it is possible over the coming decades to make major progress toward the climate goals of the Paris Agreement, as well as on the UN’s Sustainable Development Goals.
To make the change, all stakeholders must work together – with both creativity and urgency – to adopt and promote available solutions and to continue to innovate for more. We need to invest in areas that help mitigate climate change and we need governments to provide supportive regulation and incentives.
To foster greater energy efficiency at scale, we need:
- Academia to intensify relevant research and to provide scientific facts to inform decision-making
- Technology companies to innovate continuously on new applications and use cases to accelerate energy efficiency improvements
- Public decision-makers and government regulators to incentivize rapid adoption of the most energy-efficient solutions and technologies
- Businesses, cities and countries to be aware of both the cost savings and environmental advantages and be willing to make required investments
- Investors to reallocate capital toward companies better prepared to address climate risk
- Others (NGO’s, policymakers, media, individuals) to use, advocate for and amplify energy efficient measures
Through innovation, sharing knowledge and insights, investments and the right regulations and incentives, we can optimize energy efficiency and help the drive toward a decarbonized future for all.
We are moving forward, but with your help we can go much further and faster.
Becoming a mover
Become part of a knowledge-sharing platform that serves as a global voice of industry – unbiased, nonpolitical, and promoting a holistic view of complex energy efficiency challenges and solutions.
Collaborate and establish partnerships within the Movement to accelerate change together. Gain access to a unique, worldwide network of like-minded leaders in Energy Efficiency and help push for a brighter future.
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