Energy efficiency for more goods and services in developing countries

Abstract

This research report discusses the importance of recognizing such benefits from energy efficiency in low and middle-income countries. It further discusses how the additional utility resulting from the so-called “rebound effect” can be valued as economic benefit. The research report presents an example of an economic analysis for a brownfield project, in which existing air-conditioning units are replaced by more efficient ones, and for a greenfield project, in which new air-conditioning units are installed in yet unconditioned space. This research is part of the Energy and Economic Growth Applied Research Programme