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The global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from the International Energy Agency (IEA). The report also finds that energy efficiency finance is becoming an established market segment, with innovative new products and standards helping to overcome risks and bringing stability and confidence to the market. According to the IEA, some 40 per cent of the global energy efficiency market is financed with debt and equity, meaning that the financial market for energy efficiency is in the range of $120 billion per year.