Innovative Energy Efficiency Financing Programs Sprouting Across U.S.

A study by Deutsche Bank and the Rockefeller Foundation estimates that $279 billion could be invested in energy efficiency retrofitting in the United States. This investment would yield more than $1 trillion in energy savings over 10 years and could create more than 3.3 million job years across the country. These energy savings could reduce U.S. emissions by nearly 10 percent. The United States is currently nowhere near these investment levels. However, innovative energy efficiency financing programs are sprouting up all around the country.

U.N. Report States Climate Mitigation Must Start Now

On April 13, Working Group III (WGIII) of the Intergovernmental Panel on Climate Change (IPCC) released its report on what can be done to mitigate climate change across sectors. Four years of research and analysis culminated in a week-long meeting in Berlin, during which scientists from developing and industrialized nations discussed mitigation strategies and goals. The 2,000-page report avoids recommending specific policy goals, but instead focuses on providing policy options for different levels of government (nations, regions, cities…) and economic sectors. This publication is the third and final part of the IPCC's fifth assessment report (AR5), an update to the fourth assessment report published in 2007. The Working Group I report found that climate change is unequivocal, and is caused by humans, while the Working Group II report detailed the risks of climate change to society.

About EESI

The Environmental and Energy Study Institute (EESI) is a not-for-profit organization established in 1984 by a bipartisan Congressional caucus to provide timely climate change information and develop innovative policy solutions that set us on a cleaner, more secure and sustainable energy path.

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