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Financing Municipal Energy Efficiency CIS

Guidelines on Financing Municipal Energy Efficiency in the CIS

Although the financial, environmental and social benefits of municipal energy and water efficiency are straightforward, the legal and administrative bases for stimulating municipal energy efficiency financing are weak. Municipalities that need to make such projects a reality are not familiar with the process for doing so. These guidelines serve as a starting point for choosing the appropriate type of financing mechanism that will provide the resources necessary to implement municipal energy efficiency projects. While macroeconomic analysis of each country's development needs is beyond the scope of this project, the following guidelines provide an overview of external financing mechanisms applicable generally throughout the CIS. The largest portion of the discussion is devoted to revolving funds and performance contracting because these mechanisms are viewed as vital local financing drivers into the future. This point of view emerges from the understanding that strengthening these two mechanisms relies heavily upon the initiative of the municipalities themselves - bottom up movement that is made possible through a better understanding of the important role energy efficiency can play in lessening the burden of financial and resource constraints.

Forum on Financing Municipal Energy Efficiency in the Commonwealth of Independent States (CIS)

The Alliance to Save Energy held a forum on Financing Municipal Energy Efficiency in the Commonwealth of Independent States on November 13-14 in Moscow, Russia. The goal of the Forum was to enhance the capacity of local governments in the CIS to obtain financing for municipal energy efficiency projects.

Forum Agenda

The draft agenda contains details on three session expected to last from 9am on November 13 until 13:00 on November 14th in Moscow, Russia at the Iris Congress Hotel.

List of Participants
The Forum was a success, gathering over 60 participants.

Presentations

Presentations posted here are in the same order as they appeared in the agenda.

November 13

Unlocking the Potential to Energy Efficiency: Strategic Vision of the Renewable Energy and Energy Efficiency Partnership (REEEP) Svetlana Frenova. REEEP Regional Secretariat for Russia and Former Soviet Union; Russian Regional Environmental Centre (RREC). Russian Federation
Frenova_Moscow_EN_948_0.pdf
Frenova_Moscow_RU_948_1.pdf

Importance of Policy Reform in Enabling Energy Efficiency on the Municipal Level in the Russian Federation
Sergei Sivaev, Institute for Urban Economics. Russian Federation
Sivaev_Moscow_EN_949_0.pdf
Sivaev_Moscow_RU_949_1.pdf

Policies to Stimulate Municipal Energy Efficiency in Ukraine
Vasily Stepanenko, ESCO EcoSys. Ukraine
Stepanenko_Moscow_EN_950_0.pdf
Stepanenko_Moscow_RU_950_1.pdf

Role of Multinational Financial Institutions in Financing Energy-Efficiency Projects
Elena Bourganskaia, International Finance Corporation (IFC). Russian Federation
Bourganskaya_Moscow_RU_951_0.pdf

Local Bank Lending for Municipal Energy Efficiency Projects: the Case of the Russian Federation
Vasily Vysokov, Centrinvest Bank. Russian Federation
Vysokov_Moscow_EN_952_0.pdf
Vysokov_Moscow_RU_952_1.pdf

Financing Energy Saving Projects in Northwest Russia
Elisabet Paulig-Tonnes. NEFCO
PauligTonnes_Moscow_EN_953_0.pdf
PauligTonnes_Moscow_RU_953_1.pdf

Development of Financing from Within: Stimulating the Private Banking Sector
Gianluca Sambucini. UNECE EE21
Sambucini_Moscow_EN_954_0.pdf
Sambucini_Moscow_RU_954_1.pdf

Experiences of the Hungarian Energy Efficiency Fund: Street Lighting Project
Ian Crosby. International Finance Corporation
Crosby_Moscow_EN_955_0.pdf
Crosby_Moscow_RU_955_1.pdf

ESCOs and Their Value for the Municipal Sector: Successes and Barriers in Central Europe
Silvia Rezessy. Central European University & Renewable Energy and Energy Efficiency Partnership
Rezessy_Moscow_EN.pdf
Rezessy_Moscow_RU.pdf

Bulgarian Energy Efficiency Fund (BEEF) & Bulgarian Credit Line (BEERECL)
Dimitar Doukov. EnEffect Consult
Doukov_Moscow_EN.pdf
Doukov_Moscow_RU.pdf

Energy Efficiency Policies in Ukraine: Experience with Financing International Investment Projects
Alexander Tron'. Ministry of Building, Architecture and Housing and Communal Services of Ukraine
Tron_Moscow_EN.pdf
Tron_Moscow_RU.pdf

Municipal Financing of Energy Efficiency in Residential Sector in Latvia
Dagnija Blumberga. Ekodoma
Blumberga_Moscow_EN.pdf
Blumberga_Moscow_RU.pdf

Lithuanian Experiences with Financing Municipal Energy Efficiency
Ieva Andryulatyte. Association of Local Authorities in Lithuania
Andriulatyte_Moscow_EN.pdf
Andryulatyte_Moscow_RU.pdf

Financing Municipal Energy Efficiency in Ukraine. Experience of the Association of Ukrainian Cities
Tetyana Yushkevich. Association of Ukrainian Cities
Yushkevich_Moscow_RU.pdf
Yushkevich_Moscow_EN.pdf


November 14

Opportunities for Accumulation of Energy-Efficiency Project Savings in a Municipal Energy-Efficiency Revolving Fund. Anatoliy Kopets, Municipal Energy Management Consultant. Ukraine
Kopets_Moscow_RU.pdf
Kopets_Moscow_EN.pdf

Municipal Financing of Energy Projects in the Republic of Moldova
Valentin Guznac, Deputy Minister of Local Governments Administration, Republic of Moldova
Guznac_Moscow_RU.pdf
Guznac_Moscow_EN.pdf

Energy Efficiency and Energy Supply Improvements to Public Institutions in Floresti
Iurie Tsap, Mayor of Floresti. Moldova
Tsap_Moscow_RU.pdf
Tsap_Moscow_EN.pdf

Experiences from Rehabilitation of Centralized Heating and Hot Water Supply in Armenia
Marina Sargsyan & Hovhannes Nunyan, UNDP/GEF. Armenia
Sargsyan_Moscow_RU.pdf
Sargsyan_Moscow_EN.pdf

Revolving Fund Assistance Programs: Barriers to Success and Experiences from the Cities of Gyumri, Hrazdan, Vanadzor
Astghine Pasoyan. Alliance to Save Energy
Pasoyan_Moscow_RU.pdf
Pasoyan_Moscow_EN.pdf

Experiences with Financing Street Lighting in the City of Kapan, Armenia
Armen Movsysyan, City of Kapan Municipality. Armenia
Movsisyan_Moscow_RU.pdf
Movsisyan_Moscow_EN.pdf

Financing Energy Efficiency in Municipalities of Russia: Experiences from the ROLL Program
Andrey Zaytsev, Andrey Volkov, Oleg Fokin, Fund for Sustainable Development, Institute for Sustainable Communities. Russian Federation
FSD_EN.pdf
FSD_Moscow_RU.pdf

Financing Municipal Energy Efficiency in Bishkek, Kyrgyzstan
Natalya Sovkutsan, Demozone. Kyrgyzstan
Sovkutsan_Moscow_EN.pdf
Sovkutsan_Moscow_RU.pdf

Financing Energy Efficiency through ESCO-KYR in a Kyrgyz Kindergarten
Nurzat Abdyrasulova, Civic Foundation UNISON. Kyrgyzstan
Abdyrasulova_Moscow_EN.pdf
Abdyrasulova_Moscow_RU.pdf

Conclusions
Astghine Pasoyan. Alliance to Save Energy
Pasoyan_Moscow_En_Conclusions.pdf