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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2030 Agenda
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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.