flag Long abstract

Financing Energy Efficiency in Countries with Economies in Transition

Substantial savings of CO2 may be achieved at no net cost by capturing the economic and achievable energy efficiency potentials in EITs. The energy saving potential is not constrained by the supply of cost-effective energy saving projects, but by the barriers associated with developing, managing and financing cost-effective projects. This study identifies the potential for energy efficiency improvements in six countries in central and eastern Europe and the Commonwealth of Independent States. The study identifies barriers to financing investments in energy efficiency and proposes areas for government action to improve financing for further study.