energy efficiency is the central pillar of its plan to achieve Nationally Determined Contributions (NDCs) under the Paris Agreement, which aims for a 45% reduction in carbon intensity and a 1 bn t reduction in GHG emissions by 2030. Hitting these targets is indispensable to its long-term goal of reaching net-zero emissions by 2070.
Bottlenecks that hinder adoption of energy-efficient technologies — finance, sustainable supply chains and policies — must be identified and addressed. For emerging markets, energy demand is essential for development. The developing world must look to sustainable progress through improved energy efficiency, integration of RE, and adoption of innovative technologies that promote cleaner and more efficient-energy systems. To do this, financing, supportive policy frameworks and continued international collaboration are required to ensure access to necessary resources, supply chains and expertise.
One such critical area for collaboration is sharing best practices among developing countries like Brazil, South Africa and Indonesia. These nations often face similar challenges in enhancing energy efficiency. Working together can lead to significant advancements. For example, India can champion initiatives that facilitate access to investments and technologies, particularly for manufacturing countries.
Also, establishing systems that uphold stringent energy performance standards can protect countries from low-quality and inefficient imports. This is particularly vital as adverse effects of