Support to the national energy efficiency fund and the climate-friendly reformagenda (S2I) in Ukraine
As of: March 2019
Objective and activities
Together with the Ukrainian government BMU has developed the concept „Turning Subsidies into Investments“ (S2I) for the development of a revolving investment mechanism for the improvement of energy efficiency in residential buildings. The objective of this project is to support the Ukrainian government in the operationalisation and the further strategic development of the national energy efficiency fund. This is done through technical capacity building of the staff members of the fund and of other important actors such as energy auditors and technology suppliers. The project will support initial energy efficiency investments in the residential building sector, the coordination with other donors and International Financial Institutions and provide targeted advice for the further refinement of the S2I-concept. The funding provided through this financial mechanism will make energy savings at the household level transparent and decrease the burden to the federal budget imposed by subsidies.