10 November 2016
In 2016, G20 nations adopted a new long-term strategy for energy efficiency, the Energy Efficiency Leading Program, emphasizing the key role of finance. The topic was also highlighted in the Leaders Communiqué and embedded in the Synthesis Report of the G20 Green Finance Study Group. In parallel, through the mobilisation launched by UNEP FI, $4 trillion worth of investors and 120 banks have already endorsed Statements committing to further embed energy efficiency in their strategies and operations.
The 2016 Activity Report of the G20 Energy Efficiency Finance Task Group (EEFTG) gives an in-depth overview of the advance of G20 collaboration on energy efficiency financing under the Chinese Presidency. It highlights the key achievements of EEFTG, a task group of 14 countries co-chaired by France and Mexico and with UNEP FI in its Secretariat, to promote a scaling-up of energy efficiency investments globally. The report also provides a series of national case studies on innovative energy efficiency financing programs and schemes, to illustrate the wide range of possible actions led by countries.