The IEA warns global energy efficiency improvements are lagging behind COP28 targets for 2024.

The International Energy Agency (IEA) warns that global energy efficiency improvements are falling short of targets set at COP28. The "Energy Efficiency 2024" report indicates a projected 1% improvement for 2024, half the rate seen from 2010 to 2019. While many countries have updated policies, urgent action is needed to accelerate progress. The report highlights the importance of efficient technologies, which can significantly reduce operating costs, and emphasizes the need for stronger global policies.

November 07, 2024
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