United for Efficiency

Regional Compact for Higher Performance ‘Eco-Efficient’ Lighting, Appliances and Equipment for All

Regional Compact for Higher Performance ‘Eco-Efficient’ Lighting, Appliances and Equipment for All

Side Event to Ministerial Thematic Forums for the High-level Dialogue on Energy

23 June 2021, 12.45 – 14.00 EST (New York)

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Description

The world’s energy consumption is expected to rise significantly in the coming years, especially in regions such as Asia, Latin America and Africa. As a result, we all urgently need to use more energy-efficient products if we are to have a chance of winning the race to net-zero emissions globally. We can, at the same time, free up wasted electricity for more sustainable economic development and modern energy access for everyone by 2030. Currently lighting, appliances and equipment account for more than 50% of total global electricity consumption, which is expected to grow by over 30% by 2030 and double by 2050 in developing countries. More energy-efficient lighting, appliances and equipment alone can save the electricity used each year equivalent to over 300 large power plants, saving emerging economy consumers in all global regions more than $60 billion annually.

Regional harmonisation of policies is essential to accelerate the global product market transformation by bringing groups of countries together and avoiding a mismatched patchwork of policies, regulations and incentive structures. Well-coordinated efforts reduce trade barriers and implementation costs and give clear signals to industry of where the combined market is headed.

This event will bring together governments, regional bodies, NGOs and the multi-national private sector (manufacturers, retailers and suppliers) to discuss firm commitments for internationally harmonised regional standards, fostering joint implementation support, market monitoring and financing as well as encouraging incentives that ramp-up the introduction of eco-efficient products, including through green procurement.

Objective

Participants

Governments, regional bodies, NGOs and the multi-national private sector (manufacturers, retailers and suppliers)

Agenda

12:45 – 12:55 Welcome

12:55– 13:25 Regional Compacts Underway on Energy-Efficient Lighting, Appliances and Equipment

13:25 – 13:55 Commitments from Manufacturers that Efficient Lighting, Appliances and Equipment are available

13:55 – 14:00 Closing Remarks

 Further information

For more information, please contact Patrick Blake (patrick.blake@un.org) and Moira Mathers

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