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Toolkit for Energy Efficiency Financing Instruments for Buildings in the Arab Region

ESCWA Publication: E/ESCWA/CL1.CCS/2021/MANUAL.1


Country: Arab region

Publication Type: Information material

Cluster: Climate Change and Natural Resource Sustainability

Focus Area: 2030 Agenda, Climate change

Initiatives: Arab Forum for Sustainable Development

SDGs: Goal 7: Affordable and Clean Energy, Goal 13: Climate Action

Keywords: Energy efficiency, Buildings, Housing, Climate change, Subsidies, Financial instruments, Decision-making, Arab countries

Toolkit for Energy Efficiency Financing Instruments for Buildings in the Arab Region

December 2021

Improving energy efficiency, particularly within the building sector, is recognized as a major contributor to climate change mitigation and an area where current efforts must be increased. Furthermore, scaling up energy efficiency can enable access to additional energy services by vulnerable segments of society and reduce the risk of energy vulnerability.

The Arab region has historically had low levels of energy efficiency, with high levels of energy use per capita, partly because of fossil fuel and electricity subsidies. Given the importance of the building sector in terms of carbon emissions, there is a need to upscale investment into building energy efficiency and to develop and implement new financing instruments.

This toolkit provides policymakers and other stakeholders with information on a number of financing instruments for building energy efficiency taken from around the world and utilizing both public and private, as well as blended, finance. It aims at guiding the design and development of specific instruments in the Arab region and illustrates the various structures that can be used.

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