Most energy efficiency policies are justified on the basis of energy savings, together with contributions to energy security and climate change mitigation. However, improved energy efficiency also delivers additional, non-energy benefits for individuals, the broader economy, and society. We call this the “multiple benefits” of energy efficiency. These benefits include various macroeconomic benefits (e.g. shifts in energy trade balances and employment), increased access to energy, and affordability of energy services, reduced air pollution, and fiscal improvements for national and sub-national entities.
The International Energy Agency and the National Development and Reform Commission (NDRC) of the People’s Republic of China have signed a Memorandum of Understanding (MoU) on energy efficiency collaboration. Mr Zhang Yong, Vice Chairman of the NDRC, and Dr Fatih Birol, the IEA’s Executive Director signed the agreement at the IEA headquarters in Paris today.
INEA has received 22 project proposals requesting €2.3 billion co-funding by yesterday’s deadline of the 2018-2 CEF Energy call. The available call budget is maximum €500 million. Evaluation of the proposals will start in November, and the grant agreements with the successful applicants will be prepared as of February 2019.
“Today you are asking the question: How can we develop energy systems to reduce smog in Poland’s Rural Areas? I would argue that the question needs to be answered in two parts. First, how can harmful carbon emissions be reduced in rural areas, particularly in agricultural activity? And second, how can we develop new economic opportunities both on farms and in the broader rural economy that do more for the environment?”
Under pressure from the automobile industry and the German government in particular, EU environment ministers agreed late yesterday evening on weak targets for CO2 emissions from cars and light commercial vehicles and demanded only a marginal improvement to the EU Commission’s proposal.
The Energy Community’s Energy and Climate Committee, in cooperation with the European Commission’s Directorate-General for Climate Action and the EU Regional Implementation of the Paris Agreement project, hosted a multi-stakeholder discussion on climate change under the “Talanoa Dialogue” process on 10 October in Vienna.
Spanish, Polish and Bulgarian commuters, residents of Warsaw, Vilnius and Turku, and students across France will benefit from new financing by the European Investment Bank.
The EBRD Board of Directors has approved a new strategy for Ukraine which sets out the Bank’s priorities in the country for the next five years. The EBRD will pay special attention to projects that will integrate investment and policy engagement in areas such as privatisation, energy security and efficiency, the financial sector, trade and infrastructure.
“The EU has been at the forefront of addressing the root causes of climate change and strengthening a concerted global response to it in the framework of the Paris Agreement. Today’s report is a remarkable endeavour of scientists to inform policy-makers worldwide and society at large. EU-funded research provided indispensable input to this undertaking. We would like to thank the scientists for their outstanding work in delivering this timely report.”