New Delhi: A set of business actions aimed at reducing the intensity of energy demand can unlock annual savings of at least $2 trillion a year for the global economy if measures are taken by the end of this decade, a new World Economic Forum (WEF) study showed on Monday.
These targeted practical actions can also boost growth and cut greenhouse gas emissions.
Releasing the report ahead of its Annual Meeting in Davos from January 15-19, the WEF said the right policy frameworks would unlock growth and productivity, save companies cash, deliver competitive advantage and reduce emissions.