Energy Efficiency: RISE Indicators
Which countries have an enabling environment for investment in energy efficiency?
- RISE offers policy makers and investors detailed country- level insights on the policy and regulatory environment for sustainable energy across 111 countries globally.
- Most countries have integrated energy efficiency in their national energy strategies, have established basic institutions to promote energy efficiency and encourage consumers to use electricity more efficiently. However, more efforts are needed to inform customers on their electricity consumption habits and to regulate activities of energy consumers and suppliers.
- Financing mechanisms in place, including credit lines from banks, energy service agreements, and tax incentives,
are distinctive policy elements for high-scoring countries. There is generally a strong relationship between wealth and deployment of energy efficiency financing mechanisms.
- There is considerable scope for energy savings through
the deployment and enforcement of minimum energy performance standards, particularly for electrical appliances. Building energy codes, which require deep expertise to
build and high level capacity among local governments to enforce, are also in place in top scoring, generally high-income, countries only.
NOTE: Regulatory Indicators for Sustainable Energy (RISE) is a suite of indicators that assesses the legal and regulatory environment for investment in sustainable energy.
SOURCE: Regulatory Indicators for Sustainable Energy (RISE), World Bank Group, 2017.