Strategic Plan for ADVANCING ENERGY EFFICIENCY ACROSS DEMAND SECTORS BY 2030
Summary
The Strategic Plan for Advancing Energy Efficiency Across Demand Sectors by 2030 outlines a framework for G20 countries to double the global annual rate of energy intensity improvement. It focuses on five pillars: buildings, industry, transport, financing, and behavioral change. The plan argues that energy efficiency is the 'first fuel' for the energy transition and proposes specific high-impact opportunities, such as rethinking building codes (RENEW), scaling motor efficiency for SMEs (SME²), and aggregating energy services (FAST). It emphasizes the need to triple annual energy efficiency investments to approximately USD 840 billion by 2030 and highlights the potential of the Indian 'Lifestyle for Environment' (LiFE) initiative to reduce global CO2 emissions by 2 billion tonnes by 2030.
Key insights
- To align with Net-Zero by mid-century and global climate objectives, the global annual rate of energy efficiency improvement must increase from the current trend to 4% per year, which is higher than the original SDG 7.3 target of 3.2%.
- Energy efficiency is estimated to be capable of contributing 40% of the total emissions savings goal established by the Paris Agreement.
- The buildings sector accounts for approximately 30% of global final energy consumption, with cooling being the fastest-growing end-use, currently representing 15% of electricity used in buildings worldwide.
- In the industrial sector, the rate of energy intensity improvement slowed from nearly 2% per year during 2010-2015 to just under 1% during 2015-2020. The plan recommends that by 2030, 9 out of 10 new electric motors sold should be IE class 3 or above.
- The transport sector remains heavily dependent on fossil fuels, with oil products providing about 91% of its final energy use. The plan targets an annual efficiency improvement of 4.5% for cars and two-and three-wheelers and 3% for heavy trucks by 2030.
- Global annual energy efficiency investments must increase from an average of USD 300 billion per year to USD 840 billion between 2026 and 2030 to reach the 4% improvement rate. Including electrification, total efficiency-related investment needs could reach USD 1.6 trillion per year by 2030.
- Behavioral and lifestyle changes could significantly reduce GHG emissions, with the IPCC estimating a potential 40-70% reduction by 2050. Specifically, the global adoption of the Indian 'Lifestyle for Environment' (LiFE) mindset could reduce CO2 emissions by over 2 billion tonnes by 2030.
- The plan identifies a critical gap in energy consumption data across G20 countries, particularly for end-use data in buildings, industry, and transport, and recommends the creation of a focused Energy Consumptions Data Task Force.
Cite the original document
- APA
- Sustainable Energy for All (2023). Strategic Plan for ADVANCING ENERGY EFFICIENCY ACROSS DEMAND SECTORS BY 2030. https://www.seforall.org/system/files/2023-10/Energy_Efficiency_G-20_Plan.pdf
- Chicago
- Sustainable Energy for All. Strategic Plan for ADVANCING ENERGY EFFICIENCY ACROSS DEMAND SECTORS BY 2030. 2023. https://www.seforall.org/system/files/2023-10/Energy_Efficiency_G-20_Plan.pdf.
- Wikipedia
- {{cite report |author=Sustainable Energy for All |title=Strategic Plan for ADVANCING ENERGY EFFICIENCY ACROSS DEMAND SECTORS BY 2030 |date=March 2023 |url=https://www.seforall.org/system/files/2023-10/Energy_Efficiency_G-20_Plan.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{sustainableenergyforall2023strategic, author = {{Sustainable Energy for All}}, title = {{Strategic Plan for ADVANCING ENERGY EFFICIENCY ACROSS DEMAND SECTORS BY 2030}}, institution = {Sustainable Energy for All}, year = {2023}, month = mar, url = {https://www.seforall.org/system/files/2023-10/Energy_Efficiency_G-20_Plan.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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