Curbing energy use saves big $2 trillion annually for global economy
The Business Guardian
|January 09, 2024
A new study by the World Economic Forum ( W E F ) unveiled a set of strategic business actions poised to significantly decrease global energy demand, potentially unlocking annual savings of over USD 2 trillion by the end of the decade.
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The report, released ahead of the WEF’s Annual Meeting in Davos, highlighted that these targeted measures not only aim to curtail energy intensity but also promise to spur economic growth and slash greenhouse gas emissions.
The collaborative report, developed in partnership with PwC and backed by more than 120 global CEOs from the WEF’s International Business Council (IBC), emphasizes that implementing the right policy frameworks can trigger growth, enhance productivity, generate cost savings for companies, confer competitive advantages, and contribute to emission reduction.
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Mr.
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