A global coalition of leading companies including Danfoss, Johnson Controls and ABB have called on policymakers around the world to increase the minimum energy performance standards for air conditioners.
Aware that air conditioning is now the fastest-growing source of energy demand for the building sector.
In an open letter, The Climate Group’s Smart Energy Coalition, has called on policymakers to prioritise energy efficiency as part of the commitment made at COP28 to double the annual rate of energy efficiency improvement by 2030.
Recognising that air conditioning is the fastest growing source of energy demand for the building sector, the coalition said energy efficiency is one of the most cost-effective strategies available to reduce emissions, enhance energy security, and boost resilience.
“Our members have seen firsthand how investments in energy efficient technologies and operations can lower costs, improve productivity, and strengthen long-term competitiveness,” the open letter said.
The letter presents five global policy principles including steps to support the manufacturing, distribution and use of high MEPS appliances, alongside the implementation of enhanced energy codes in buildings and operations.
It calls for regular energy reviews and robust energy management plans that provide transparent energy data to help determine areas of energy loss and gains.
Policymakers should promote passive techniques as well as circularity and renovations in buildings, appliances and operations.
The coalition has also called for increased investment in energy efficiency and support for innovative financing methods, to reach the USD 1.5 trillion needed per year to meet the COP28 pledge and prevent investment flatlining.
“Keep energy efficiency high on the global agenda within Nationally Determined Contribution (NDCs) and Global Stocktake process, in addition to encouraging collaboration across different levels of private and public sectors to drive faster action,” the letter said.
“The commitment made at COP28 by countries to double the annual rate of energy efficiency improvement by 2030 put energy efficiency at the centre of the global climate agenda.
“To reach this goal, we urge policymakers at all levels to prioritise energy efficiency and to make it a cornerstone of their energy strategies.
“Well-designed energy efficiency policy provides incentives, reduces market barriers, and aligns the goals of businesses, governments and communities.”
The Smart Energy Coalition (formerly EP100) has over 100 members.