The communiqué, issued at the conclusion of the meeting, confirms the overall trend from previous presidencies and shows the G20’s commitment to scaling up energy efficiency policies and programs and its continuous support for the implementation of activities under the G20 Energy Efficiency Leading Program (G20 EELP) coordinated by the IPEEC.
In the communiqué, G20 members ‘recognize the key contribution that energy efficiency makes to energy transitions as well as the untapped potential as an affordable secure and sustainable means to provide energy services.” Notably, the Communiqué stated that increasing energy efficiency is crucial to establishing “resilience, protection and development of a reliable energy infrastructure.”
To accelerate energy efficiency progress in G20 economies, the communiqué points out the necessity to significantly advance the innovation and the deployment of energy efficient technologies, and scale up investments and financing in energy efficiency. International collaboration also plays a pivotal role in establishing energy efficiency’s role in tackling environmental challenges across sectors. G20 members further noted their desire to continue exploring the potential and impact of energy efficiency in heating and cooling as well as the buildings sector.
