Lessons from Europe, North America, and Asia: Financing Models that are Facilitating Building Energy Efficiency at Scale

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License

Creative Commons Licence

Contributed date

April 26, 2020 - 2:16pm

Critical Commentary

The definitive objective of this report and the way it is written giving evidence of actual collaboration by the authors for the study are the two main reasons why I selected this as my artifact source. The report referred to the Paris Agreement at multiple instances. I have been hearing a lot of context from the Paris Agreement but never got around to understanding its intricacies, thanks to this report, I did some reading on that now.   

I also became aware that energy usage in buildings contribute to one-third of the global energy consumption, no wonder why the Paris Agreement emphasizes on the reduction of this.  But reduction of energy usage is not an easy task. There are trade offs to think of, financial implications as well as challenges peculiar to a geographic region. This paper provides organized information across the different geographies, what worked, what failed, in an attempt to provide learnings for future projects.

Out of all the interrelated barriers of curbing energy usage in buildings, market barriers, technical barriers, institutional barriers, motivational barriers, and financial barriers, this report focuses on financial barriers to building energy efficiency of buildings. The authors have categorized Europe and USA together as one region and China as another, primarily because of the stage of the energy efficiency services in the regions, the former in matured and China being in the nascent stage. It took me by surprise to read that China has the most comprehensive policy in the world for green financing.

My favorite section of the report are the eight successful projects shared from across the world. These snapshots from Bulgaria, Turkey, USA and China provides a decent overview of the situation around the world. The report ends with the topic of exploratory work done in USA and China providing an inkling of the future ahead which is important as energy efficiency is a topic gaining incremental concern on a global front with time.

Source

Language

English

Group Audience

  • - Private group -

Cite as

Bruce Schlein, Carolyn Szum, Nan Zhou, Jing Ge and Helen He, "Lessons from Europe, North America, and Asia: Financing Models that are Facilitating Building Energy Efficiency at Scale", contributed by Lopamudra Bhattacharyya, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 26 April 2020, accessed 29 November 2022. https://energyrights.info/content/lessons-europe-north-america-and-asia-financing-models-are-facilitating-building-energy