Unlocking the Power of Energy Demand for Business and the Planet
The path to Net Zero requires a significant increase in low-carbon investments, with some estimating a 5-fold increase to $5 trillion by 2030. There is one powerful and commercially attractive lever that is often overlooked: action on reducing energy demand. Recent research suggests a clear range of routes which come at a fraction of the long-term capital expenditure needed to switch energy supply away from fossil fuels, while generating attractive returns. In fact, recent research by PwC in collaboration with the World Economic Forum suggests that energy efficiency measures taken at scale by the end of this decade could unlock annual savings of at least $2 trillion for the global economy, boost growth, create jobs and save companies’ cash.
The event, part of the PwC activities taking place during Climate Week NYC, will focus on turning energy demand into an opportunity for businesses around the world. This will be based around a breakfast panel with leading experts, including CEO of The Climate Group, Helen Clarkson, and lead knowledge partner for the World Economic Forum’s Transforming Energy Demand Initiative, Rob Turner.