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ENDNOTES 06 ENERGY EFFICIENCY
63 The New Climate Economy, Seizing the Global Opportunity:
Partnerships for Better Growth and a Better Climate, 2015,
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web.pdf.
64 Higher percentage includes industrial fossil fuel demand for blast
furnaces, coke ovens and petrochemical feedstocks, IEA, World
Energy Outlook 2015, op. cit. note 10, Table 10.5 (pp. 405–06) and
Annexes (p. 584).
65 World Energy Council, op. cit. note 11. Figure 47 from idem.
66 Based on data from Ibid.
67 IEA, op. cit. note 1.
68 World Energy Council, op. cit. note 11.
69 Thermal power plants include gas, coal, oil, biomass and multifuel
(e.g., gas/oil, coal/biomass, etc.). Jean-Baptiste Brochier,
Enerdata, Paris, personal communication with REN21, 8 March
2016.
70 World Energy Council, op. cit. note 11.
71 Amanda Chiu, “One twelfth of global electricity comes from
combined heat and power systems,” Vital Signs Online
(Worldwatch Institute: 2008), http://www.worldwatch.org/
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72 World Energy Council, op. cit. note 11; Enerdata, The State of
Global Energy Efficiency Global and Sectorial Energy Efficiency
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73 International Electrotechnical Commission, Efficient Electrical
Energy Transmission and Distribution (Geneva: 2007), p. 24, http://
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74 “Technology to reduce t&d loss,” Electrical & Power Review,
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php?ItemId=6&CategoryId=6.
75 US EPA, “Chapter 7. 5 Maximizing Grid Investments to Achieve
Energy Efficiency and Improve Renewable Energy Integration,” in
Energy and Environment Guide to Action: State Policies and Best
Practices for Advancing Energy Efficiency, Renewable Energy,
and Combined Heat and Power (Washington, DC: 2013), https://
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76 Statista, “Global smart grid market size forecast from 2010 to
2016, by region (in billion US dollars),” http://www.statista.com/
statistics/246154/global-smart-grid-market-size-by-region/,
viewed 9 February 2016; Statista, “Projected global investments in
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viewed 9 February 2016.
77 CDP Carbon Action, Why Companies Need Emissions Reduction
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78 IEA, Special Report: World Energy Investment Outlook
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79 Climate Bonds Initiative, op. cit. note 58.
80 Climate Bonds Initiative, Bonds and Climate Change: The
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81 Ibid.
82 African Development Bank et al., 2014 Joint Report on
Multilateral Development Banks’ Climate Finance (Washington,
DC: 2014), p. 24, http://www.worldbank.org/content/dam/
Worldbank/document/Climate/mdb-climate-finance-2014-jointreport-061615.pdf.
83 GEF, “GEF funds reduce risk of energy efficiency investments in
India,” https://www.thegef.org/gef/node/11126, viewed 9 February
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84 Figures for 2014 and 2015 from KfW Bankengruppe, Förderreport
2015 (Frankfurt: 31 December 2015), https://www.kfw.de/
KfW-Konzern/%C3%9Cber-die-KfW/Zahlen-und-Fakten/KfWauf-einen-Blick/F%C3%B6rderreport/index.html;
2006–2014
consolidated figure from German Federal Ministry for Economic
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Topics/Energy/Buildings/kfw-programmes,did=686650.html,
viewed 1 March 2016.
85 Green Climate Fund, “Green Climate Fund approves first 8
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86 Goldman Sachs, “Environmental market opportunities:
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87 Mike Gordon, “Move over, solar: efficiency yieldcos are here and
could bear better returns,” Greentech Media, 5 June 2015, http://
www.greentechmedia.com/articles/read/move-over-solarenergy-efficiency-yieldcos-are-here;
Jerry Farano, “Renewable
Energy and Carbon Markets,” Jones Day: The Climate Report,
Winter 2016, http://thewritestuff.jonesday.com/cv/e6851a62
b558a19678a219dc8f556d6884d2f252/p%3D5728522?utm_
source=Mondaq&utm_medium=syndication&utm_
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88 Katherine Tweed, “Commercial PACE projects get $200M in
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89 Olga Rosca, “‘Investing in energy efficiency makes economic
sense,’” European Bank for Reconstruction and Development,
16 September 2015, http://www.ebrd.com/news/2015/investingin-energy-efficiency-makes-economic-sense-.html.
90 Mission Innovation website, http://mission-innovation.net, viewed
17 March 2016.
91 Breakthrough Energy Coalition website, http://www.
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92 ACEEE, “Executive Summary: The 2014 State Energy Efficiency
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93 Beth Gardiner, “Energy efficiency may be the key to saving
trillions,” New York Times, 30 November 2014, http://www.
nytimes.com/2014/12/01/business/energy-environment/energyefficiency-may-be-the-key-to-saving-trillions.html;
World Bank,
“More light with less energy: how energy efficiency can fast-track
energy access goals,” 30 July 2015, http://www.worldbank.org/
en/news/feature/2015/07/30/more-light-with-less-energy-howenergy-efficiency-can-fast-track-energy-access-goals.
94 “Chapter 6: Residential and Commercial Buildings,” in
Intergovernmental Panel on Climate Change (IPCC), IPCC Fourth
Assessment Report: Climate Change 2007 (Cambridge, UK and
New York: 2007), http://www.ipcc.ch/publications_and_data/
ar4/wg3/en/ch6s6-7.html.
95 European Commission, “National Energy Efficiency Action Plans
and Annual Reports,” http://ec.europa.eu/energy/en/topics/
energy-efficiency/energy-efficiency-directive/national-energyefficiency-action-plans,
viewed 10 February 2016.
96 European Commission, Indicative National Energy Efficiency
Targets 2020 (Brussels: 2015), http://eur-lex.europa.eu/
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97 Enerdata, “Chile unveils energy roadmap through 2050,” 1
October 2015, http://www.enerdata.net/enerdatauk/press-andpublication/energy-news-001/chile-unveils-energy-roadmapthrough-2050_34235.html;
Ministerio de Energía, Chile, ENERGIA
2050, “¿Qué es Energía 2050?” http://www.energia2050.cl/
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98 Japan Ministry of Economy, Trade and Industry, Agency for
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254