For India to play its part in helping to realise deep cuts in global CO2 emissions by the middle of the 21st century, it will need to achieve rapid economic development over the next 40 years with only a very small increase in emissions. Currently there is no precedent for such a low-CO2 development path.
This report seeks to inform decision makers seeking to prioritise RD&D investments in a time of financial uncertainty. It is an update of the December 2009 IEA report Global Gaps in Clean Energy Research, Development and Demonstration, which examined whether rates of LCET investment were sufficient to achieve shared global energy and environmental goals (IEA,2009a).
The technical and economic viability of energy efficiency (EE) has become more pronounced as concerns about energy security, climate change and low carbon development intensify. Although the promotion of EE has long been identified as an effective policy tool to manage energy demand, active pursuit of EE still lags behind in many ESCAP countries.
