Energy efficiency is seen more often as a means of reducing energy consumption and costs than as a way to expand the production of goods and services. But it can help raise a company’s manufacturing capacity, improve the quantity and quality of a city’s water supply, and provide more heating and cooling to improve attendance and learning in schools - all while keeping energy costs down. It is important to recognize such benefits of energy efficiency for low- and middle-income countries - and to factor them into economic assessments of projects and programs.
Supported by UKaid and the Energy and Economic Growth Applied Research Programme.
Benoit, Philippe; Zinetti, Silvia; De Wit, Joerie; Lukas, Aditya. 2021. Energy Efficiency as a Driver of More and Better Goods and Services. Live Wire;2021/114. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/35474 License: CC BY 3.0 IGO.