UNIDO report launch: industrial energy efficiency for sustainable wealth creation

This event will launch the United Nations Industrial Development Organization’s (UNIDO) flagship publication, the Industrial Development Report. The report, entitled “Industrial Energy Efficiency for Sustainable Wealth Creation: Capturing Environmental, Economic and Social Dividends”, is UNIDO’s contribution to the Sustainable Energy for All initiative launched by UN Secretary-General Ban Ki-moon. The initiative aims to achieve by 2030 three inter linked targets: universal access to modern energy services; the doubling of energy efficiency; and the doubling of the share of renewable energy in the world’s energy supply. The Industrial Development Report argues that industrial energy efficiency is key to sustainable industrial development, especially in developing countries. It calls for investing in energy-efficient technologies in order to provide the economic, environmental and social dividends that will help achieve sustainable growth. The report says that energy consumption could grow even faster as developing countries reduce the income gap and grapple with growing populations demanding more manufactured products. This makes it imperative to remove barriers that currently impede energy efficiency investments.