Tripling Investments to Double Energy Efficiency by 2030

Event Information

This high-level roundtable brought together policy makers from the Clean Energy Ministerial and G20 countries, representatives of the SEAD Task Group, Collaborative Labelling and Appliance Standards Program (CLASP), and business leaders from the World Economic Forum’s International Business Council.

Participants discussed actions needed to mobilise financing and investment to achieve the COP28 doubling energy efficiency goal, with a deep dive into equipment and appliances, which account for 40% of global electricity demand. The session built on SEADs, CLASPs, IEA, and the World Economic Forum’s existing work on creating conditions to mobilize private sector action.

Speakers from the Brazil, CLASP, Energy Efficiency Hub, the IEA, and the private sector featured case studies of how programs and financial incentives have accelerated the uptake of highly efficient appliances.

This side event took place on 1 October in the Iguaçu Room at the Mabu Thermas Grand Resort as part of the CEM15/ MI – 9 Ministerial Meeting in in Foz do Iguaçu, Brazil held from 30 September – 4 October 2024.

Super-Efficient Equipment and Appliances Deployment is a collaboration among governments to promote the manufacture, purchase, and use of efficient appliances, lighting, and equipment worldwide. To learn more about SEAD visit our page.