Making the Business Case for Investing in Energy Efficiency, Management and Productivity BCSE Side Event at 8th Clean Energy Ministerial (CEM8), Beijing China June 6, 2017 “The private sector is committed to investing in energy efficiency and energy management systems because it makes economic sense.” This CEM8 side event featured multi-national private sector companies that are leaders in providing technologies, systems and solutions that manage energy production, use and storage in all sectors of our economies – from industry to transportation to the built environment. The panel focused on making the business case for continued action to promote energy efficiency by both the public and private sector. Driving these investments are economic factors – including energy and financial savings and improved energy productivity, as well as the environmental, climate and resilience co-benefits. View here the BCSE CEM8 Side Event Presentation, highlights from the panel include:
From Left to Right, Back to Front: Nellie Cheng, USGBC; Mike Thompson, Ingersoll Rand; Bill Sisson, UTC; Lisa Jacobson, BCSE; Clay Nesler, Johnson Controls; Kateri Callahan, Alliance to Save Energy; Harry Verhaar, Philips Lighting; Elizabeth Pei, Schneider Electric.
Lisa Jacobson, President of the Business Council for Sustainable Energy (BCSE) and host of the side event, set the scene, highlighting the importance of economics, internal and external goal setting and public-private partnerships as drivers of action for investment in energy efficiency. She also shared how the energy sector in the United States is rapidly shifting towards cleaner, more efficient sources by highlighting top-line findings from the 2017 Sustainable Energy in America Factbook, produced in partnership by the BCSE and Bloomberg New Energy Finance. Kateri Callahan, President of the Alliance to Save Energy, provided greater detail on how countries and companies are improving energy productivity (EP). She explained how focusing on EP can help countries meet the emissions targets of nationally determined contributions (NDCs) and how companies are also participating in voluntary initiatives such as EP100. Setting bold EP goals drives policy action, citing the example of the U.S. experience, which is well on its way of doubling its EP by 2030. Clay Nesler, Vice President, Global Sustainability and Industry Initiatives, Johnson Controls, spoke to the value of international collaborations, including corporate energy productivity programs and campaigns such as the U.S. Department of Energy’s Better Plants Challenge and EP100; sub-national building efficiency improvements and public-
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private partnerships such as the SEforALL Building Efficiency Accelerator; and multi-lateral building efficiency research collaboration such as the U.S.-China Clean Energy Research Center (CERC)’s Building Energy Efficiency Consortium BEE). Bill Sisson, Senior Director, Sustainability, UTRC, United Technologies Corporation, spoke to how increasing building efficiencies offer tremendous opportunities for national governments to address their NDCs, yielding additional cobenefits such as jobs and cleaner air, as well as business opportunities to the private sector through offering efficiency technologies, services and solutions. UTC is working with the World Business Council for Sustainable Development through its Amplify initiative to engage local markets, provide support and increase awareness, address capacity shortfalls, develop innovative incentive and financing schemes and pursue effective policy mechanisms for building efficiency. Many in the private sector have embraced sustainability to help drive profitability and growth and are offering leadership through collaboration by increasing their role in sub-national public-private partnerships. Mike Thompson, Global Director, Refrigerant Applications, Ingersoll Rand, provided an update o