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BELGIUM'S COMMITMENT
To The Paris Agreement And Net Zero 2050
Belgium is committed to reducing its greenhouse gas (GHG) emissions by 35% by 2030 compared to 2005 levels, in line with the Paris Agreement, with an overarching goal of achieving Net Zero emissions by 2050. A central focus of Belgium’s climate strategy is improving energy efficiency in government and commercial buildings, which are major contributors to the country’s overall energy consumption and carbon emissions.
However, Belgium faces challenges such as outdated energy systems and financial constraints that have impeded the adoption of energy-efficient technologies. ESCO Financial addresses these challenges by offering Energy Efficiency-as-a-Service (EEaaS), which removes financial barriers and provides the capital needed to upgrade Belgium’s energy infrastructure. This includes modernizing HVAC systems, boilers, chillers, smart controls, motors, compressors, air handling units, and lighting systems, leading to substantial reductions in energy consumption and GHG emissions.
The International Performance Measurement and Verification Protocol (IPMVP) plays a key role in ensuring that these energy efficiency measures deliver measurable carbon reductions. By applying IPMVP, Belgium can demonstrate the effectiveness of its initiatives, supporting its Paris Agreement commitments and attracting further investment.
Belgium also faces challenges in managing waste, particularly in reducing methane emissions from landfills. ESCO Financial’s Waste-to-Energy-as-a-Service (WtEaaS) model offers a sustainable solution by converting waste into energy, thereby reducing landfill use and aligning with Belgium’s Paris Agreement goals. This approach accelerates Belgium’s progress toward achieving Net Zero by 2050, providing both environmental and economic benefits.
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