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Enigin News - Importance of Industrial Energy Efficiency: UN Report

Enigin News - Importance of Industrial Energy Efficiency: UN Report

Industrial energy efficiency is key to sustainable industrial development, according to a flagship publication of the United Nations Industrial Development Organization (UNIDO).



UNIDO’s Industrial Development Report, launched yesterday at the World Future Energy Summit in Abu Dhabi, urges investment in energy-efficient technologies in order to provide the economic, environmental and social dividends that will help achieve sustainable growth.



The publication, entitled “Industrial energy efficiency for sustainable wealth creation: capturing environmental, economic and social dividends”, stresses that sustainable energy production is essential to overcome the major challenges the world faces today. 



Presenting the report, UNIDO Director-General, Kandeh K. Yumkella, said: “A world that has just reached a population of seven billion must take into account industrial energy efficiency if it wants to address such challenges as green growth, employment generation, security, climate change, food production and poverty reduction. Industrial energy efficiency is essential for strengthening economies, protecting ecosystems and achieving social benefits. 



“Improving industrial energy efficiency is key to sustainable industrial development worldwide but especially in the rapidly developing countries of the Global South. It will help realize the global green economy and green industries. Investing in energy-efficient technologies, systems, processes, training and upgrading of skills must underpin low-carbon green growth,” added Yumkella.



The UNIDO report states that energy consumption could grow even faster as developing countries reduce the income gap and grapple with growing populations demanding more manufactured products. This makes it imperative to remove barriers that currently impede energy efficiency investments.

Yumkella also said that the new report was UNIDO’s main contribution to the Sustainable Energy for All initiative launched by United Nations Secretary-General Ban Ki-moon, as reported earlier.

The initiative aims to achieve by 2030 three inter-linked global targets: universal access to modern energy services; the doubling of energy efficiency; and the doubling of the share of renewable energy in the world’s energy supply.

Secretary-General Ban Ki-moon has appointed a high-level group for the Sustainable Energy for All initiative. The Group includes distinguished global leaders in business, finance, Governments, and civil society, and is co-chaired by UNIDO Director-General Yumkella and the Chairman of Bank of America, Charles O. Holliday.

The Industrial Development Report has a special focus on developing countries, backed by a set of unique statistics on Manufacturing Value Added (MVA), manufacturing export trends, and other key indicators. It also presents UNIDO’s Competitive Industrial Performance Index.

Enigin provide the energy efficiency solutions, systems and technology, through their global Enigin Distributor network, that gives control of energy use to decision makers in industrial facilities. Enigin plc's technology also provides real-time and historical energy data, allowing for the right decisions to be made on plugging energy leaks, installing further energy saving technology and changing behaviour - saving energy and costs while reducing emissions. To learn more contact your local Enigin Distributor now.

Picture of Energy by bigcityal reproduced under CCL.

Tuesday 17th January 2012