SwitchMed and Energy Efficiency [Factsheet]

Annual electricity consumption for lighting, refrigerators, air conditioners, electric motors and transformers is expected to more than double (+125%) from 2015 to 2030 in developing economies if no new policy actions are taken. Market transformation to more energy efficient lighting, appliances and equipment allows countries to save money on their utility bills, help businesses thrive through greater productivity, enable utilities to meet growing demand for electricity, and assist governments in reaching their economic and environmental ambitions.