Financing Energy Efficiency in Transition Economies

This chapter discusses the linkages between energy efficiency (EE) and the financing mechanism. Now that more financial and institutional resources are available to support EE in transition economies, it is important to channel these resources into profitable investments and indicate to financial institutions that their money is safer and profitable in EE projects. Getting finances in emerging markets means overcoming significant challenges. It requires careful planning, serious investment of time and resources, and simultaneously, aggressiveness and openness to other ways of doing business. For some companies, the costs may be too great. But EE markets also offer growth potential that is unimaginable in the technology-saturated developed economies. Institutions that approach these markets in a realistic, savvy and persistent manner often find that their efforts are more than well rewarded. This chapter is designed to help institutions that are involved in EE to identify and assess promising market opportunities, find the local partners that are critical for success, package projects to make them attractive to lenders and investors and find sources of financing for EE projects.

Renewable Energy 101

Renewable Energy 101

Renewable energy is energy that is generated from sunlight, rain, tides, geothermal heat and wind. These sources are naturally and constantly replenished, which is why they are deemed as renewable. The usage of renewable energy sources is very important when considering the sustainability of the existing energy usage of the world. While there is currently an abundance of non-renewable energy sources, such as nuclear fuels, these energy sources are depleting. In addition to being a non-renewable supply, the non-renewable energy sources release emissions into the air, which has an adverse effect on the environment.

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