Faster uptake of energy efficient technologies is needed for net-zero

Faster uptake of energy efficient technologies is needed for net-zero
The COP28 climate talks highlighted a shift toward energy efficiency as a crucial element in the transition to a greener future, with nearly 200 countries pledging to double the global annual rate of energy efficiency improvements by 2030. The International Energy Agency (IEA) considers energy efficiency the "first fuel" in achieving net-zero goals, offering a cost-effective solution to reduce emissions.
The World Economic Forum estimates a potential 31% reduction in energy demand across sectors by 2030, saving $2 trillion annually. However, challenges like red tape, knowledge gaps, and limited financing hinder the global energy efficiency revolution despite significant progress in some regions.