For Rasmus Kristensen, vice-president for group public affairs at Danfoss, the Danish supplier of energy efficiency and electrification solutions, COP27 is “by far the biggest COP in terms of private sector participation”. Danfoss is attending to make some noise around energy efficiency.
“We are here to draw attention to what we feel is neglected in the green transition: demand side,” Kristensen tells Energy Monitor. “The International Energy Agency has shown that energy efficiency can actually take us one-third of the way to net zero. Energy efficiency should not be neglected, because the solutions are readily available, they are often very cheap with short payback times, and it is something we can do right now.”
Kristensen lays out Danfoss’s own decarbonisation plans and its work with others to do the same, notably also in less-developed countries. This includes unlocking finance for energy efficiency in South East Asia and building efficient cold chains to reduce food loss and waste in Africa.
Beyond energy efficiency at COP27:
Reporter Nour Ghantous (week one) and senior writer Dave Keating (week two) are reporting from COP27 in Sharm El Sheikh, Egypt, on behalf of Energy Monitor and our parent company, GlobalData. They are providing the data-led analysis you have come to expect from Energy Monitor but also something new: video interviews with business leaders, policymakers and campaigners. We encourage you to return often to our Energy Monitor home page for updates from the conference. You can also sign up for our free biweekly newsletter here.
Other recent COP27 coverage includes:
One year on, is coal being consigned to history?, by Dave Keating (15 November)
COP27: Cities are essential in the climate fight, says former Lord Mayor of Dublin, by Dave Keating (14 November)
Opinion: Why climate action will fail without more women at the table, by Philippa Nuttall (14 November)
COP27: “Green hydrogen is one of the bright spots of this COP” – Jonas Moberg, CEO of GH2, by Nour Ghantous (14 November)
COP27: Ukraine energy company DTEK maintains net-zero goal, by Nour Ghantous (14 November)
Opinion: COP27 comes after a year of unfulfilled COP26 promises, by Nick Ferris (11 November)
COP27: Data science can strengthen climate action, by Nour Ghantous (11 November)
COP27: Alpine Group proffers recycled textiles to combat climate, by Nour Ghantous (10 November)
Why the financial odds are stacked against developing countries, by Isabeau van Halm and Polly Bindman (9 November)
COP27: International Labour Organization wants to see a just transition “actually implemented”, by Nour Ghantous (9 November)
COP27 take note: Climate tech funding has soared in 2022, by Eric Johansson (9 November)
COP27: How countries compare on carbon emissions and pledges, by Nick Ferris (7 November)
COP27: Mattie Yeta, CGI’s chief sustainability officer, on the first-ever ‘metaverse COP’, by Nour Ghantous (7 November)
Which countries are already at net zero?, by Nick Ferris (25 October)
COP27: Manage your expectations, by Nour Ghantous (21 September)