Project

Removing Barriers to increase investment in Energy Efficiency in Public Buildings in Ukraine through the ESCO modality in Small and Medium Sized Cities

Lead country

Ukraine

Participating countries

Ukraine

Project status

Under implementation

Implementing period

From December 14, 2016 to December 14, 2021

SDGs addressed by this project

SDG targets

  1. 7.3 Double global rate energy efficiency improvement
  2. 9.4 Upgrade infrastructure, retrofit industries for sustainability

Project ID: 4114

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Technical team

  • Energy Programme

Technical area(s)

  • Energy efficiency

Sub-area(s)

  • Buildings

Landscape(s)

N/A

Transformed sector(s)

  • Other sectors

UNDP role(s)

  • Capacity development / Technical assistance
  • Optimising financing
  • Policy advice

Strategy

  • Law regulation
  • Finance economy
  • Technology innovation

Sub-strategy

  • Laws/ Policy/ Plan formulation
  • Laws enforcement/ Regulation
  • Energy finance
  • Demonstration sites/Pilot
  • Green building practices

Social inclusion

  • Private sector
  • Women

Gender equality

  • Livelihoods for women

Gender result effectiveness scale

  • Gender targeted

Pathway(s)

  • Systems pathway
  • Sci-tech pathway

Risk reduction target(s)

  • Hazard control/mitigation

SDG target(s)

  • 7.3 Double global rate energy efficiency improvement
  • 9.4 Upgrade infrastructure, retrofit industries for sustainability

Conventions and protocols

N/A

Private sector(s)

  • Capital providers

Hot topic

N/A

About this project

Description

The objective of this project is to accelerate implementation of energy efficiency measures in public buildings in Ukraine through the ESCO modality, utilising EPC contracts, by leveraging over significant private sector investment over its five-year implementation period, including through the launching of a financial support mechanism, as well as by introducing a single nationwide energy management information systems (EMIS) for Ukraine.

Objectives

To assist the Government in addressing the barriers to transform the market for investments in energy efficiency in public buildings in the country. .

USD $5,570,000

Grant amount

USD $56,753,195

Leveraged amount (co-financing)

1

Source(s) of fund

Sources of fund

 

  • Global Environment Facility – Trust Fund ($5,570,000)

Implementing partner(s)

  • Government of Ukraine

Project metrics

Outcome 1:

Streamlined and comprehensive legal and regulatory framework to promote energy efficiency in public buildings through strengthening of monitoring and enforcement mechanisms.

Indicators:

Emission reductions (in tCO2 over 20-yr timeline).
Energy saved by capacity installed (MWh/MWhTh).
Investment in energy efficiency.
Number of green jobs created.
Existence of adequate policy and regulatory framework.
Innovative Financing Mechanism established and working.
Pilot projects completed.
Existence of adequate framework.
Outcome 2:

Innovative Financing Mechanism is adopted and capacity development is provided for ESCOs to promote investment in support of Energy Efficiency in public buildings.
Outcome 3:

Pilot projects in selected public buildings which demonstrate energy and cost-saving potential of new energy efficient measures.
Outcome 4:

Institutional basis for supporting energy efficiency in public buildings and implementing a nation-wide Energy Information Management System (EMIS) is in place.Documented, disseminated and institutionalized project results providing a basis for further replication.
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Project reports and documentation

 

Project Document (ProDoc)

FEATURED STORY

Removing Barriers to increase investment in Energy Efficiency in Public Buildings in Ukraine through the ESCO modality in Small and Medium Sized Cities

Blog (Ukranian)