South Africa: Energy Efficiency Accord

With the Energy Efficiency Accord, the government pairs with industry leaders to take voluntary measures to increase their energy efficiency.  Recognizing the benefits of increased efficiency for economic competitiveness and national security, industries and the government agree to engage each other and work cooperatively to realize their commitment.  Measures proposed include the use of Demand Side Management contracts, the provision of fiscal and other incentives, the enabling of information sharing and networking, the identification of Best Practices, the promotion of CDM projects, and the devleopment of common reporting requirements, an energy auditing protocol, and training material.

Date Implemented: 2005

Status: In Force; Voluntary

Targets: The Accord aims for a 12% reduction in national final energy demand by 2015 (%reduction fromprojection use in 2015)

References: Energy Efficiency Accord 2005