LAUNCH PRESENTATION G20 Energy Efficiency Forum - Hamburg 2nd May 2017
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LAUNCH PRESENTATION
G20 Energy Efficiency Forum – Hamburg 2nd May 2017
1
Why a G20 Toolkit to Scale-up Energy Efficiency Investments ?
G20 EE Investment Toolkit
Private Sector Public Sector
Policy Finance Finance
Institutional Insurance
Banks
Investors Companies
EEFTG Energy Efficiency
Investment Principles for
G20 Participating Countries
G20 Energy Ministers in
Istanbul in 2015 & attached
to the G20 Leaders’
Communique from Antalya
G20 Energy Efficiency
Leading Programme
2
I. Measurement and Definitional Tools
Global Energy Investment in Energy Efficiency,
Investment 2015: Concepts:
• Method 1, Total Spend: Market
size for energy efficient goods and
technologies.
• Method 2, The Incremental
Investment: Additional investment
needs that would lead to energy
efficiency improvements above BAU
levels.
Transport
29% 13%
1% 25%
• Energy efficient investment needs to
EE Investments by 15%
Sector 2015: USD 221 billion 53%
Buildings
increase (independent of source) 9%
12%
Transport
9% 6%13%
Transport 18% 29%
10%
• While EnergyEfficiency Financing
29% 13% is a Envelope Industry 1% 25%
1% 25% HVAC and controls
15%
mechanism (means to an end 15%
) which can Appliances
USD 221 billion
Lighting 53%
USD 221 billion Buildings
accelerate the growth of energy efficient business53% Energy-intensive industry 9%
12%
12% Other industry
models, enabling the up-scaling 9%
of energy Light-duty vehicles 18%
9%
10%
6%
9% 6% Industry
18% 10% Freight vehicles
3efficiency investments
Industry
Rail, shipping and aviation
Energy Efficiency Premium: How G20 can “Take it to Zero”
Example: Consumer or
business The base plus this
“Premium” equals the
To invest in: full technology cost, or the
“Total Spend” in
Energy Efficient Equipment
Efficiency
Full cost can be divided into
1. 2.
Cost of a new but Energy Efficiency
very standard and
Cost of the added
less efficient piece of increments of “Premium”
energy efficiency
equipment
[or “discount”]
(Base Cost)
4
Mapping Tools: “Energy Efficient World” for the G20…
Integrated Core
ESCOs (USD 24 bn);
USD trillions USD 221bn “Self-financed”
Energy Transition; National “EE First”; Mandatory
Energy subsidies; Inefficient targets/ standards;
Renovation Strategies; Vehicle
NZEBs; EE Obligation
markets; Supply-led planning. Fleet Standards; Transparent schemes; National EE
Energy Planning. Action Plans.
Mainstreaming Enabling
Finance undertaken without explicit EE mortgages;
Green tagging; Green buildings Building renovation
consideration of energy
lending; green lending; climate loan; EE credits/loans;
“externalities” or cost effective
lending; Equator principles. EE tagging.
energy improvements.
Finance undertaken without explicit Green tagging and company EE funds; Energy
consideration of energy disclosure; Collaborative Productivity Indexes;
“externalities” or cost effective shareholder activism; Green funds; Own real estate EE
energy improvements. Sustainable real estate funds. renovation; EE tagging.
Green buildings insurance; Climate Energy saving insurance;
Product and services without explicit energy performance
mitigation insurance and investments;
consideration of energy Addon coverage; Technical guarantee; EE advisory
“externalities”. assistance, advisory services. services.
Finance undertaken without explicit Direct EE Lending; EE
consideration of energy Resource Efficiency; Safeguards; Policy lending; EE targets;
“externalities” or cost effective ESG & Climate Commitments; Technical assistance.
energy improvements.
$33 bn $7 bn
5
II. G20 Policy Tools: voluntary EE Investment Principles (vEEIP)
Framework, Databases & TEWs
• EEFTG reviewed 2,000 policies in the IEA’s Concentration of PAMS policies in the
PAMS database, focusing on G20 countries, in vEEIP Framework for G20 countries
combination with the results of its 2016 global
expert survey.
• To then sort the data by principle and sub-principle
of the vEEIP for G20 participating countries
‒ Attaining an approximate view of the
Principles and sub-Principles that are
widely implemented in existing policies and
identified the gaps where further
progress can be made.
Policy toolkit: based on the EEFTG’s Tools for Bilateral
Principles Engagement with G20 Countries
will
• Rationale
I. Supporting the development of an enabling
provide • Key Findings
national policy framework
• Case Studies (policy innovations
that promote EEI) II. Providing an engagement platform and
for each • Action Areas mechanism through its Technical Engagement
Workshops (TEWs)
of the Principles and sub-
6 Principles in the G20’s vEEIP III. Exchanging knowledge of good practices
III. Private Sector Tools: Collective Statements, Green Tags,
Best Practice Surveys and De-Risking
2016 EEFTG’s Bank Survey Green Tagging to Track the Energy
Key Conclusions: Performance of Banks’ Assets
80
a. Well-recognized opportunity
% of respondents
58
60
b. Needing awareness raising 40 29
and supportive policies 21 18
20 16
c. Requiring tracking of energy
efficiency finance 0
Real estate Energy sector Industry Transport No tracking
G20 Energy Efficiency Insurers can help De-Risk Energy
Investor Statement Efficiency Investments:
1. Technical risks - particularly during the
implementation of the energy efficiency
improvements as a multi-stakeholder process and
when using complex equipment.
2. Financial/performance risk - the level of
energy savings and the financial value of these
savings.
7
Endorsed by more than USD 4tn of Investors!
IV. Public Finance Tools: Joint Statement, Focus Action
Framework, Structured Engagement for Development
Public Financial Institutions have led Joint G20 Energy Efficiency
Energy Efficiency in 3 Areas: Statement
1. Showcasing & replication of energy efficiency
investment models.
2. Identification & implementation of new financial
instruments that facilitate the replication and scale
up of energy efficiency investments.
3. Identification of internal policies that mainstream EE
investing across all activities of the organisation.
1. Increase Policy-based Lending to Support Investment
Grade Policy Frameworks that require and promote EE
Framework of Action and to drive “Life-cycle Cost Optimal” Procurement of
Public Infrastructure and Buildings
for Public Financial
Institutions and 2. Increasing the amount, availability, simplicity and
Country Partners to connectedness of Technical Assistance/ Project
scale-up Energy Development Assistance facilities
Efficiency Investments 3. Lever Multiple Retail Distribution Mechanisms
4. Energy Efficiency’s Central Role in the Future of Mobility,
8
Smart Grids and Infrastructure
Summary for Policymakers: 10-pages, 24x Recommendations
… supported by 30x Case Studies (Annex)
G20 Energy Efficiency policies, financing tools and
EEFTG’s G20 Energy best practices developed through the flexible and
collaborative architecture of this Toolkit provide
Efficiency Investment an integrated approach to enhancing capital flows
Toolkit provides voluntary towards energy efficiency
options & insights to G20
members on pathways to begin Embedding energy efficiency in investment
this market processes through an enabling policy
transformation. framework is key to accelerating G20 energy
intensity improvement
G20 Energy Efficiency Investment Toolkit
is a vehicle to showcase best practices, strengthen
the visibility of energy efficiency in private
It also includes tools,
financial disclosure and support commitments to
actions, best scale-up energy efficiency investments
practices and case
studies for G20 G20 countries can lever the experience of public
financial institutions to ensure energy efficiency’s
countries to take-up as central role in the future of mobility, smart cities,
9 they consider useful energy grids, industry and infrastructure
What next for the G20 Toolkit ? (Debate)
The G20 Toolkit Provides:
No single
Stakeholder group Collaborative Architecture
can deliver the scale
● G20 policy makers can engage in a
up of G20 energy structured dialogue with investment
efficiency investment providers
required on its own +
● Jointly develop and deliver the
targeted economic, social and
environmental benefits
Value Created: G20 Leaders grow EE investments together
● The network effect created by convening
and connecting the multiple stakeholders ● In their national interests
responsible for its components; and
● Uniting them in the pursuit of a shared ● And for the benefits of the global
objective with benefits for all. community
103x Toolkits in One to Scale-up Energy Efficiency Investments
G20 EE Investment Toolkit
“10-pager” Comprehensive 30x G20 Case
For Policymakers Toolkit Studies
11By G20 Energy Efficiency Finance Task Group (EEFTG)
(Work & Achievements)
In 2016 EEFTG engaged with around 1,200
Comprised of
15 countries
individuals through a programme of 18
and co-chaired workshops or contributions to G20 and
by France & related activities in Europe, USA, China
Mexico and Latin America
EEFTG global survey generated
140 specific ideas, instruments,
approaches, mechanisms, instruments
and practices shared by 72 experts
Beijing G20 Energy Ministerial
Communique calls for “upscaling
energy efficiency investment”
Launched campaign to
engaging with 122 banks
& asset managers managing
12 $4+ trillion of fundsThank You
G20 Energy Efficiency Finance Task Group
Contact: ailin.huang@ipeec.org
Information: ipeec.org/EEFTG
Supported by:
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