29 Apr '16, 2pm

Can energy efficiency rise to its $279 billion potential and help meet climate goals? | ACEEE

Energy efficiency financing has seen record growth over the past year. Property-assessed clean energy (PACE) hit a billion dollar milestone , the nation’s largest green bank has roughly $4 billion of projects in the pipeline, and green bond issuance grew from $3 billion four years ago to over $40 billion in 2015. Total energy efficiency investment in buildings is slated to reach $125 billion by 2020 , which is still less than half of the estimated $279 billion available. But is it enough? On one hand, the market is telling us that we are poised to leave hundreds of billions of dollars on the table, while the Paris climate negotiations earlier this year set investment targets of over $200 billion to help avoid climate change. Energy efficiency financing is growing fast, but can it grow fast enough? Green banks have emerged to meet the demand previously unmet by cash-strappe...

Full article: http://aceee.org/blog/2016/04/can-energy-efficiency-rise-...

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