The Economics of Energy Efficiency in the Developing World

The authors review the empirical evidence on both the private and social benefits of energy efficiency improvements in LMICs.

• From: Foreign, Commonwealth & Development Office
• Published: 1 July 2021

• Country: Ethiopia
• Document Type: Journal Article
• Theme: Economic Growth, Infrastructure
• Authors: Fowlie, M, Meeks, R

Abstract

The authors review the empirical evidence on both the private and social benefits of energy efficiency improvements in LMICs. They highlight the role that energy subsidies, unreliable power supply, and capital constraints may play in the underinvestment in energy efficiency. They also discuss some recent policy design innovations and emphasize the importance of rigorous evaluation.

This research is part of the Energy and Economic Growth (EGG) Programme.

Citation

Meredith Fowlie and Robyn Meeks. The Economics of Energy Efficiency in Developing Countries. Review of Environmental Economics and Policy 2021 15:2, 238-260

Link

The Economics of Energy Efficiency in the Developing World

Published 1 July 2021