June 14, 2017 – During the 8th Clean Energy Ministerial Summit (CEM8) in Beijing, Ledvance committed to selling 2.5 billion LED lamps by 2023 as part of the Global Lighting Challenge.

“We made a very conscious choice in pledging this commitment and are very proud in taking part in the Global Lighting Challenge,” said Thomas Dreier, Ledvance’s global head of R&D. “In combination with smart lighting solutions, LED lamps in the current generation have a potential of reducing energy consumption and costs by 90%.”

The competition was introduced during CEM6 in 2015. It is designed as a public-private partnership to generate commitments from governments, businesses, retailers and others to meet the goal of 10 billion “high-efficiency, high-quality lighting products”.

The Clean Energy Ministerial is a partnership of the world’s “key economies working together to accelerate the global clean energy transition”. Canada is among its members.