The economics of energy efficiency programmes have been subject to considerable academic debate lasting well over three decades now. In this paper, we contribute to this debate by reviewing the costs and benefits of a specific type of policy+ instrument that recently gained significant traction in Europe – Energy Efficiency Obligations - EEOs. Following the introduction of the EU Energy Efficiency Directive in 2012 the number of EEOs in Europe has grown from five schemes to now 16 EEOs in operation or planned across the EU.

On an average, India has more than 3000 Cooling Degree Days (CDD). The multifamily public housing being constructed under India’s Prime Minister Awas Yojana (PMAY) is aimed at providing formal housing to the society’s Economic Weaker Section (EWS). It is essential that this housing delivers thermally comfortable in-doors to the occupants. This study mapped the design and construction practices followed under PMAY Urban (PMAY-U) against India’s Residential Energy Building Code, Eco Niwas Samhita (ENS). The metric prescribed in ENS is Residential Envelope Transmittance Value (RETV).