Business news from Ukraine

Business news from Ukraine

ULIE PROPOSES MODEL FOR FINANCING ENERGY-EFFICIENT PORGRAMS

20 March , 2017  

The Ukrainian League of Industrialists and Entrepreneurs (ULIE) has been popularizing the idea of co-financing under loan programs for energy efficiency with the use of the national and local budgets. Mykolaiv region has become an active participant in the ULIE’s initiative as for participation in the expanded model of funding for making buildings, private households and apartments more energy efficient.
The regional and city administrations together with the advisory center of the ULIE’s Commission for Energy Development and Energy Saving have held six workshops with participants in the program. Currently, the regional council is preparing a round table with local authorities for the discussion of methods of joint state and local funding programs for the so-called thermo modernization.
The sum of money allocated from the national budget in the amount of UAH 400 million this year to compensate loans under the thermo-modernization program is much lower than demand, the ULIE said earlier.
“The complicated economic situation in Ukraine and growing utilities tariffs encourage the introduction of energy efficiency and energy conservation technology in housing, as well as the social and budget-sustained sectors. An effective tool is the implementation of state, regional and municipal programs for popularizing energy efficiency measures among households. This will reduce energy consumption in homes to 60%, while saving billions of cubic meters of gas and electricity,” the ULIE said.
Work in this direction continues. It must be mentioned that a series of workshops on the implementation of energy efficiency measures in the corporate and municipal sectors, as well as in housing are being conducted by experts of the ULIE, the State Agency on Energy Efficiency and Energy Saving of Ukraine, and the local authorities in the regions of Ukraine.