This paper argues that energy efficiency and conservation is a noncontroversial, critical, and equitable option for rich and poor alike. Although there is growing scientific and political consensus on its significance as an important option at global and national level, the political momentum for taking action is not commensurate with the potential in the sector or the urgency with which measures need to be taken to deal with climate change. The current global energy (efficiency) governance framework is diffuse. This paper submits that there are four substantive reasons why global governance should play a complementary role in promoting energy efficiency worldwide. Furthermore, given that market mechanisms are unable to rapidly mobilize energy efficiency projects and that there are no clear vested interests in this field which involves a large number of actors, there is need for a dedicated agency to promote energy efficiency and conservation. This paper provides an overview of energy efficiency options presented by IPCC, the current energy efficiency governance structure at global level, and efforts taken at supranational and national levels, and makes suggestions for a governance framework. © Springer Science+Business Media B.V. 2008.