The COP22 Climate Conference held in Marrakech earlier this month identified the accelerated adoption of Energy Efficiency (EE) technologies, and LED lighting in particular as key elements in achieving the commitments under the Paris Agreement and transitioning to a low carbon global economy.
An event organised by the United Nations Environment Programme’s United for Efficiency Project, the Global Environment Facility (GEF) and the International Partnership for Energy Efficiency Cooperation (IPEEC) on November 12 highlighted that EE technologies are the most sustainable, cost-effective and accessible way of reducing carbon emissions whilst providing a wide range of other social and environmental co-benefits.
Particularly in Africa and developing countries, the adoption of EE technologies including LED lighting and solar energy, are a means of providing power and lighting to more than 20 million additional households.
If global energy efficiency improvements were doubled from the current 1.5% to 3% per year, significant benefits could be unlocked; household energy bills could be reduced by a third, more than 6 million new jobs could be created by 2020 and US$2,458 billion saved in reduced energy costs.
There is no doubt that making the switch to LED lighting is integral in the transition to a low carbon, prosperous global economy. In Europe, the penetration rate of LED lighting reached 23% this year, the highest across the world and Asia-Pacific is set to have the fastest growing adoption rate moving forward. The key is the ability to develop and implement LED and other EE solutions quickly and at scale. All individuals and commercial businesses should be looking to accelerate their adoption of EE technologies with LED lighting as a top priority.
5 reasons why you should switch to LED lighting
- Commercial businesses can save up to 84% on their electricity bill for lighting – our lights save the average business $10,000 per annum.
- With lifetimes of over 50,000hrs, LED lights last up to x8 longer than traditional fluorescent lamps – maintenance costs are dramatically reduced and flickering lights become a thing of the past.
- Making the switch to LED lighting is the easiest and most cost-effective change your business can make towards reducing carbon emissions and improving workplace environment.
- LED lights have been proven to improve concentration levels in working environments.
- Take advantage of the local and national government rebates available through the VEEC & ESC Schemes in Victoria & New South Wales and significantly cut the cost of upgrades.