Energy Efficiency Policy Workshop: Economic Recovery through Energy Efficiency

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Energy Efficiency Policy Workshop: Economic Recovery through Energy Efficiency

Publication Number

APEC#221-RE-04.1

Published Date

February 2021

Type of Publication

Proceedings

Publications Under

SOM Steering Committee on Economic and Technical Cooperation(SCE), Energy Working Group(EWG)

Accessed

866

Pages

21

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Description

This publication summarises the discussion and outcomes of the Energy Efficiency Policy Workshop held online in November 2020. The context of COVID-19 and economic recovery packages provided the overarching theme, but other important themes and lessons learnt emerged between the different discussions, including:

  • The importance of sharing knowledge and best practices;
  • Aggregating demand through bulk government procurement and scale, as well as other innovative financing solutions, these can together help pave the market for more energy efficient products, which might otherwise have a hard time doing so due to their higher upfront cost, but lower total cost of ownership (TCO);
  • Similarly, the importance of creating a solid evidence base and gathering data from the bottom-up. Without this improved data, it is hard to provide appropriate products for customers; and
  • The importance of focusing more on co-benefits of energy efficiency, such as job creation and other economic opportunities.

 

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