CoAct Database

Mission Efficiency

The Three Percent Club initiative transitioned into the Mission Efficiency initiative. Mission Efficiency was rebranded from the Three Percent Club and launched during the SEforALL Forum in May 2022. The Three Percent Club on Energy Efficiency was initially launched during the UN Secretary-General’s Climate Action Summit in 2019 to promote and coordinate acceleration of energy efficiency globally. SEforALL led the launch of the Global Energy Efficiency Accelerator Platform in 2014 to provide sector-specific support to target countries and cities with common approaches for governance, commitment management, policies, metrics, reporting, resources and tools.

"Mission Efficiency is a global collective of actions, commitments and goals on energy efficiency by a coalition of governments, organizations and initiatives. Energy efficiency represents the largest share of cost-effective actions to achieve the Paris Agreement. Mission Efficiency unites these partners and actions to accelerate the transition towards energy efficient economies worldwide.

Mission Efficiency is seeking to drive progress on energy efficiency across three pillars:

1. Elevate energy efficiency in personal, organizational and global agendas. Shifting the energy efficiency narrative, convening partners, matching solution offers and advocating for energy efficiency.
2. Support energy efficiency with strategic and technical assistance by partners for progress in countries on key issues in high impact sectors, across multiple sectors or economy wide.
3. Invest in energy efficiency with coordinated and actionable project funding through loans, grants and incentives for infrastructure and projects by countries, funds and financial institutions.

Mission Efficiency supports market readiness for energy efficiency investment through four taskforces:

1. Energy Efficiency Narrative Taskforce: To reframe key messages for a range of audiences on the benefits, experiences and feelings received from energy efficiency.
2. Widening the Net Taskforce: Identification of key partners and socializing energy efficiency investment with country/city governments, solution providers and capital markets.
3. Energy Efficiency Solution Selector Tool Taskforce: Building on years of success with the EBRD Green Technology Selector and Carbon Trust’s work to add countries, this taskforce will work to further expand the tool for use across more countries and to capture all bankable energy efficiency solutions (technologies, services) and the policies that enable energy efficiency investment.
4. Mission Efficiency Marketplace Taskforce: Supporting market readiness for energy efficiency investment, including through a facility to de-risk energy efficiency finance, through project origination and matchmaking and through collective support from partner initiatives to enable integrated investments and reduce risk, cost and time for financial institutions and investors.