Same Energy, More Power

Asia’s remarkable economic expansion over the last 2 decades has lifted millions out of poverty. With continued growth, by the middle of this century, an additional 3 billion Asians could enjoy living standards similar to those in Europe today. New energy resources must be developed to include low-carbon renewable options, and greater emphasis must be given to energy efficiency, the lowest-cost energy resource of all. This report examines prospects to accelerate lending and investment for energy efficiency in Asia, in light of trends that are driving energy use and policy and regulatory change in developing countries.