Policymakers around the world have expanded measures to boost energy efficiency in 2023, helping consumers save money and improving the security and sustainability of the global energy system – although progress is not moving fast enough to meet global climate goals, a new report from the IEA shows. . In a report on the Energy Market Efficiency 2023 , published today, says that the momentum for energy efficiency policies continues to grow in the wake of the global energy crisis triggered by Russia’s invasion of Ukraine. Investment in efficiency has increased by 45% since 2020, and last year, countries accounting for three quarters of global energy demand strengthened energy efficiency policies or introduced new ones. Key measures are also becoming more widespread. For example, almost all countries now have efficiency standards for air conditioners, and the number of countries with standards for industrial motors has tripled over the past decade.
Significant policy progress on energy efficiency
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