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Use energy information and behaviour change to drive energy efficiency
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Promote financing for energy efficiency
The increasing need for energy goes together with increasing investment needs for energyefficient technologies . Despite the obvious economic benefits of efficiency measures , underinvestment in energy efficiency persists due to high upfront technology costs , capital constraints and information barriers . New business models help to overcome current barriers that hinder investments in energyefficient equipment .
Being aware of individual energy consumption is a first step towards behaviour change . Programmes to encourage people to save energy have relied largely on technological interventions and decision-making driven by economics : consumers will save energy to save money . Energy-consumption behaviour is not always rational , however , and can benefit from nudges and neighbourhood competitions designed to encourage households to be more energy-efficient .
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