The Whitepaper: The neglected demand side of the green equation, published by Danfoss during COP27, highlights:

• Without urgent action, energy demand will grow significantly, getting us off track to meet global climate goals. Instead, according to IEA a collective push for energy efficiency can deliver one-third of the total emissions reductions needed to reach net zero.
• Cooling is a global blind spot in climate change mitigation. As economies grow and adapt to a warmer climate, especially in the Global South, demand for cooling will make the second-largest contribution to the overall rise in global electricity demand over the coming decades.
• Energy efficiency is an enabler of electrification. To grow the role of electricity in the energy mix it is a fundamental, yet overlooked, fact that we need to reduce energy demand first. An early analysis found that for every dollar spent on energy efficiency, we can avoid spending more than 2 dollars on energy supply.
• Most of the global reductions in carbon emissions through 2030 needed for net zero come from technologies readily available today. This paper presents concrete policy measures to increase energy efficiency across sectors.

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