Cities are an important engine for economic growth and socioeconomic development. By 2030, almost 5 Billion (about 60 percent of the global population) will live in cities, leading to massive requirements for energy to power growth and expand basic infrastructure. Energy efficiency can offer practical solutions to budget-constrained cities to meet their energy needs without sacrificing their development priorities. This is because energy efficient activities are generally cost-effective; that is, higher upfront investment for a more efficient system is offset by lower recurring energy costs.
