© OECD/IEA 2016© OECD/IEA 2015 The people dimension Brian #energyefficientworld.

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© OECD/IEA 2016© OECD/IEA 2015 The people dimension Brian #energyefficientworld

© OECD/IEA 2016 IEA strategy to raise climate ambition Global energy-related GHG emissions Five measures – shown in a “Bridge Scenario” – achieve a peak in emissions around 2020, using only proven technologies & without harming economic growth Gt CO 2 -eq Bridge Scenario INDC Scenario Energy efficiency Reducing inefficient coal Renewables investment Upstream methane reductions Fossil-fuel subsidy reform Savings by measure, % 9% 18% 14% 11% Source: IEA, World Energy Outlook Special Report, 2016 update, 2016.

© OECD/IEA 2016 Bridging strategy is flexible across regions 85% of global energy efficiency opportunity is within G20 GHG emissions reduction by measure in the Bridge Scenario, relative to the INDC Scenario, 2030 United States European Union China India Middle East Latin America Africa Southeast Asia Russia Fossil-fuel subsidies Efficiency Renewables Inefficient coal plants Methane reductions 80% 34% 43% 27% 9% 32% 76% 44%

© OECD/IEA 2016 G20 Energy Efficiency Analysis by IEA G20 China India United States European Union 2030 savings Mt CO 2eq Road transport Industrial motors Heating and cooling Appliances and lighting 48% improvement in energy intensity possible through proven, economically viable measures in G20 Analysis by IEA World Energy Outlook

© OECD/IEA 2016 Progress required in all areas

© OECD/IEA 2016 Unlocked Potential Source: IEA World Energy Outlook /3 of the economic potential to improve energy efficiency remains untapped in the period to % 40% 60% 80% 100% IndustryTransportPower generation Buildings Realised energy efficiency potential Unrealised energy efficiency potential Energy efficiency potential to 2035 by sector

© OECD/IEA 2016 Analysing energy efficiency

© OECD/IEA 2016 Better data leads to better outcomes Energy Data Improved Analysis & Metrics Better Decisions & Policies

© OECD/IEA 2016 The multiple benefits of energy efficiency Energy efficiency is a means to enhance energy security, support economic and social development, and promote environmental goals

© OECD/IEA 2016 Question

© OECD/IEA 2016 Energy efficiency investment * IEA (2014), Energy Efficiency Market Report, Paris: OECD/IEA. ** IEA (2015), Renewable Energy Market Report, Paris: OECD/IEA. *** Frankfurt School-UNEP Center (2015), Global Trends in Renewable Energy Investment, Frankfurt: Frankfurt School of Management, UNEP and Bloomberg New Energy Finance. **** IEA (2014), World Energy Investment Outlook, Paris: OECD/IEA. Investments in various fuels 2014

© OECD/IEA 2016 The direction of investment needs to take a turn Cumulative world energy sector investment, Cumulative investment in the Bridge Scenario increases by only 6%, with 70% of the additional investment going to energy efficiency, 30% to renewables.

© OECD/IEA 2016 Question

© OECD/IEA 2016

Delivering energy efficiency

© OECD/IEA 2016 Question

© OECD/IEA 2016 Behaviour

© OECD/IEA 2016

Better data leads to better outcomes Energy Data Improved Analysis & Metrics Better Decisions & Policies

© OECD/IEA 2016 Analysis is seductive

© OECD/IEA 2016 Integration

© OECD/IEA 2016 Question

© OECD/IEA 2016© OECD/IEA 2015 The people dimension