MFSI-II Project attends conference on upcoming Energy Efficiency legislation

MFSI-II Project attends conference on upcoming Energy Efficiency legislation
31 October 2014
   On 30 October 2014, the MFSI-II Project attended the "Energy Performance Contracts as the Road to Country's Energy Efficiency" conference. The conference was hosted by the Regional Office of the Friedrich Ebert Foundation in Ukraine.
   The event was attended by National Deputies, government ministries, State Agency for Energy Efficiency and Energy Conservation of Ukraine, nongovernmental organizations, businesses, academic circles, and mass media.
   The conference was intended to hold presentations and public discussion on legislative drafts related to ESCO mechanisms in Ukraine, namely:
- "On Amending the Law of Ukraine 'On Energy Conservation' with Regard to Legal Foundations of Implementation of Energy Performance Contracts";
- "On Special Features of Conducting Energy Service Procurements";
- "On Amending the Budget Code of Ukraine (with Regard to Implementation of Energy Efficient Activities in Government-Funded Institutions)," which was developed with direct participation of the MFSI-II Project experts.
   The legislative drafts are designed to remove barriers to implementing energy efficient projects with the participation of private investments.
   The participants discussed the strengths and weaknesses of the legislative drafts and opportunities for their unification.
   Adoption of the appropriate legislative framework would promote energy conservation in general, development of energy markets, and growth of the market of energy service companies.