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PEAKING GREENHOUSE GAS EMISSIONS BEFORE 2020

Many leaders from across the globe and countries at different levels of economic development have been articulating concern over increasing GHG emissions in the light of need for development by under developed and developing nations. However, many agreed that depending on development stage, each country may agree for a peak in greenhouse gas emissions before 2020 and reducing the emissions for climate neutrality in the second half of the century. A large-scale commitment was launched by leaders from more than 40 countries, 30 cities and dozens of corporations, at the recently concluded Climate Summit at New York, to double the rate of global energy efficiency by 2030. European Union countries also made a commitment to a target of reducing emissions to 40 per cent below 1990 levels by 2030.

United Nations Secretary-General Ban Ki-Moon and World Bank President Dr. Jim Yong Kim launched a new Global Energy Efficiency Accelerator Platform under the ‘Sustainable Energy for All’ initiative.

Five energy efficiency sector initiatives or “accelerators”:

  1. Vehicle Fuel Efficiency

  2. Lighting Efficiency

  3. Efficient Appliances

  4. Building Efficiency

  5. District energy systems.

More initiatives are in process to promote energy efficiency in small- and medium-size enterprises which can also reduce environmental pollution, increase productivity and improve health and well-being. Many countries and cities like Chile, Rio de Janeiro, Jinan City, etc participated in the Global Energy Efficiency -Accelerator Platform to promote energy efficiency and prepare road maps and investment and action plans with the help of some organizations and financial institutions such as the World Bank (ESMAP), IDB, UNDP, EBRD, ADB and Energy+ of Norway.

These strong commitments from all across the world give a hope that the substantial impacts of the Green house gas emissions on the environment, human health and the economy will be reduced, taking us to – a cleaner, healthier and a better tomorrow.

For more information, please click on-

http://www.un.org/climatechange/summit/wp-content/uploads/sites/2/2014/05/ENERGY-EFFICIENCY-PR-REVISED.pdf

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