PROJECT FINANCING ENERGY EFFICIENCY INVESTMENTS FOR CLIMATE CHANGE MITIGATION IN UKRAINE

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1 PROJECT FINANCING ENERGY EFFICIENCY INVESTMENTS FOR CLIMATE CHANGE MITIGATION IN UKRAINE Sergey Surnin, Executive Director, AGENCY FOR RATIONAL ENERGY USE AND ECOLOGY (ARENA-ECO) Contact information: P.O. Box 36, Kiev, 02140, Ukraine tel.: (380 44) , fax: (380 44) ,

2 GENERAL INFORMATION ABOUT THE PROJECT Project Title: Financing Energy Efficiency Investments for Climate Change Mitigation Project No: (ECE INT ) Basis: Memorandum of Understanding No: ECE/GC/2010/028 Client: United Nations Economic Commission for Europe National Participation Institution: Agency for Rational Energy Use and Ecology (ARENA-ECO), Kyiv, Ukraine National Project Coordinator: Mykola Raptsun, President, ARENA-ECO 2

3 CURRENT STATE OF WORK (1) According to Terms of Reference, the following steps were taken under the Project For the overall project: methodological approach to project development has been formed; work plan of the project development has been prepared; group for the project performance has been organized; data are being collected on potential energy efficiency and renewable energy projects. 3

4 CURRENT STATE OF WORK (2) 1. National Project Website Measures are being taken for updating information for National Website which includes the following: incorporating information according to assignment of the present period of the project development; analyzing the current legislation of Ukraine on energy efficiency and renewable energy use with object of further updating website information on these themes; creating approaches for expansion of the contacts with local experts with the object of informing them on trainings of the enterprises, organizations and institutions managers on development of energy efficiency projects in collaboration with Conning Asset Management Limited and ARENA-ECO. 4

5 CURRENT STATE OF WORK (3) 2. Indicative Project Pipeline Proposals The following has been done: translation of energy efficiency and renewable energy projects identification forms into Ukrainian has been done; letters have been prepared and sent to the addresses as to filling in these forms and providing additional information on the side of the enterprises, organizations and institutions concerning their interest in collaboration with Eastern-European Energy Efficiency Fund as for energy efficiency projects realization; analysis of the state, branch and local energy efficiency programs with aim of finding potential energy efficiency projects are in process; presentation at the International Energy Efficiency Forum in Astana (Kazakhstan) has been performed on September,

6 CURRENT STATE OF WORK (4) 3. Organization of Training/Business Development Courses The following has been done: preparatory list of experts and consultants on energy efficiency projects business planning and renewable energy is being formed with purpose of their participation in holding the prospective seminar on training the project managers; a list of requirements for information materials for training courses for managers of enterprises, organizations and institutions of Ukraine that have intention to cooperate with Eastern-European Energy Efficiency Fund for realization of the energy efficiency and renewable energy projects is being prepared; general approach towards the measures for extension of possibilities for commercial banks and companies on energy efficiency investments is being determined. 6

7 THANK YOU FOR ATTENTION! 7