Removing Barriers to Increase Investment in Energy Efficiency in Public Buildings in Ukraine through the ESCO Modality in Small and Medium Sized Cities
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Short description of the overall project
The project’s goal is to reduce greenhouse gas emissions by creating favorable legal, regulatory, market environment and building institutional, administrative and technical capacities to promote energy efficiency measures in public buildings. This includes hospitals, schools, governmental and higher education facilities, kindergartens, orphanages, pharmacies, employment centers, libraries and museums, and uses the ESCO model.
The project focuses on small and medium sized cities and implies the creation of a single nationwide energy consumption database along with an Energy Management Information System (EMIS) in Ukraine.
Short description of activities financed by the donation
- Formulate and introduce a streamlined and comprehensive framework to promote energy efficiency in public buildings through strengthening of monitoring and enforcement mechanisms.
- Promote private investment in energy efficiency in public buildings through establishment of a Financial Support Mechanism (FSM).
- Implement at least 10 pilot projects using the Energy Performance Contract (EPC) modality to demonstrate the energy and cost-saving potential of energy efficiency measures in different municipalities.
- Establish an institutional basis and comprehensive nationwide Energy Management and Information System (EMIS).
- Assist the Government to address the barriers to transform the market to promote investments in energy efficiency in public buildings.