About

UAE-led alliance focusing on global collaboration, knowledge sharing, and investments.

It aligns with UAE Consensus of COP 28.

The UAE Consensus includes an unprecedented reference to transitioning away from all fossil fuels in energy systems, in a just, orderly and equitable manner in this critical decade to enable the world to reach net zero emissions by 2050, in keeping with the science.

COP28 Pledge

Global pledge to double annual energy efficiency improvement rate from 2% to 4% by 2030.

Challenges

Current progress lags with a projected improvement of only 1% in 2024.

Focus on Africa

Address outdated grids, weak regulations, low funding, and public awareness challenges.

European Investment Bank Initiative

Efficiency-as-a-service model for SMEs to reduce costs and emissions.

Mission Efficiency Session

Urged tripling annual efficiency investments to $1.8 trillion by 2030.

Azerbaijan Energy Roadmap

Established Energy Efficiency Fund to support efficiency gains by 2040.

Key Challenges

• Insufficient investment and financing.
• Inconsistent policy integration and lack of NDC alignment.
• Regional disparities in economic and regulatory capacities.
• Scale disparities between large industries, SMEs, and residential settings.

Regional Focus

• Africa: Outdated grids and limited funding;
• Emerging Economies: Balancing growth with efficiency;
• Developed Regions: Optimising mature systems.

Key Actions

• Integrate energy efficiency into national policies and NDCs.
• Accelerate financing through innovative instruments.
• Modernise energy infrastructure with advanced technologies.
• Strengthen collaboration and awareness campaigns.

PRACTICE QUESTION

Q.Which of the following statements regarding the Global Energy Efficiency Alliance (GEEA) is/are correct?

1. The GEEA aims to double the global energy efficiency growth rate by 2030.
2. The alliance was launched by the United Nations Environment Programme (UNEP) as a part of the 2024 COP29 in Baku.
3. It focuses primarily on improving energy efficiency in Africa.
4. The GEEA’s initiatives align with the ‘UAE Consensus’ from COP28.

Select the correct answer using the codes given below:

(a) 1 and 2 only

(b) 1, 3, and 4 only

(c) 1 and 3 only

(d) 1, 2, 3, and 4

Answer: b

Explanation:

Statement 1 is correct: The primary goal of the GEEA is to accelerate energy efficiency improvements by doubling the global energy efficiency growth rate by 2030.

Statement 2 is incorrect: The GEEA was launched by the UAE, not UNEP, and was part of the initiatives discussed at COP29 in Baku.

Statement 3 is correct: Africa has been a focal point for collaboration, as the continent faces unique challenges in energy efficiency and the GEEA aims to provide solutions to address these.

Statement 4 is correct: The alliance’s initiatives are in line with the UAE’s goals from COP28 which include global efforts to reduce carbon emissions and enhance energy efficiency.