Increasing the efficiency of buildings and appliances offer significant mitigation and economic returns. The adoption of better technologies, energy-efficient designs, as well as introducing incentives that change behaviour can help reduce energy use. Consumers further benefit from energy efficiency measures by reducing household costs spent for energy. There is a need to rapidly improve the efficiency of energy consumption, but the high upfront costs associated with these investments need to be addreseed. There is a high potential for energy efficiency across countries and sectors.
Energy efficiency programmes have been a significant focus for existing mitigation funds, reflecting a growing recognition of their increasing commercial viability. Nevertheless, they represent a relatively smaller focus of international climate finance so far. The potential for energy efficiency and green building construction in developing countries remains untapped. GCF's potential value includes support to developing and piloting innovative instruments that scale up available financing for larger scale investments, potentially in partnership with efforts to strengthen policy, pricing, standards and other incentives for efficiency.
The following GCF projects aim to reduce emissions from buildings, cities, industries and appliances by supporting policies, standards and technologies that reduce the need for energy.
Sectoral guide: Cities, buildings and urban systems
10 Sep 2021
This guide seeks to provide an overview of country needs and evidence-based programming experiences in the cities, building and urban system (urban) sector. It aims to support proposal development for the GCF in line with its investment criteria during its first replenishment period 2020-2023. The objective of the guide is to provide a set of ‘how to’ tools to National Designated Authorities and Accredited Entities to support the development of high quality and impactful funding proposals for consideration by the GCF Board.
SAP Technical Guidelines: Energy Efficiency for Industry and Appliances
01 Aug 2019
This publication provides technical guidance for the preparation of SAP proposals. Energy efficiency (EE) is the process of reducing the energy consumption of infrastructure, facilities, machines, devices, products, services, business processes, activities and transport. It can be thought of as the first fuel of a sustainable world and as such it has a key role in ensuring cost-effective energy transitions.