How Do We Prioritize the GHG Mitigation Options? : Development of a Marginal Abatement Cost Curve for the Building Sector in Armenia and Georgia
Armenia and Georgia are taking the climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways, including preparation of low-carbon development strategies for their future economic growth. T...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/06/26497903/prioritize-ghg-mitigation-options-development-marginal-abatement-cost-curve-building-sector-armenia-georgia http://hdl.handle.net/10986/24619 |
| Summary: | Armenia and Georgia are taking the
climate change agenda seriously and contributing to efforts
for mitigating global climate change through various ways,
including preparation of low-carbon development strategies
for their future economic growth. The improvement of energy
efficiency is one of the key elements of the low-carbon
development strategies. This study develops a methodology to
estimate a marginal abatement cost curve for energy
efficiency measures and applies it to the building sector in
both countries. The study finds that among the various
energy efficiency measures considered, the replacement of
energy inefficient lightbulbs (incandescent lamps) with
efficient lightbulbs is the most cost-effective measure in
saving energy and reducing greenhouse gas emissions from the
building sector. Most energy efficiency improvement options
considered in the study would produce net economic benefits
even if the value of reduced carbon is not taken into account. |
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