LED Lighting Could Save Developing Countries $40 Billion/yr.

Developing and emerging economies could save $40 billion worth of electricity and prevent 320 million metric tonnes of carbon pollution annually simply by transitioning to LED lighting, according to estimates from United Nation’s Environment. Today speakers at a side event to the big international climate change conference (COP 23) occurring in Bonn, Germany, announced new model regulations that are designed to phase out inefficient incandescent light bulbs and establish minimum performance requirements for the LED bulbs to replace them in Asia, Africa, and Latin America.

Lighting represents roughly 15 percent of all worldwide electricity use and there are several billion sockets around the globe that still contain an incandescent light bulb. One of the best investments that developing and emerging economies can make is to switch from the inefficient incandescent light bulb, which is a technology that hasn’t changed much in the past 125 years, to super-efficient LED light bulbs. Unlike in Europe and the United States where these energy-guzzling bulbs are due to be phased out in mid-2018 and 2020, respectively, these old-fashioned bulbs will still be available for purchase in developing countries.