Seminar “Financial mechanisms for improving energy efficiency in the budgetary sphere”
MFSI-II Project conducted a seminar titled, ‘Financial mechanisms for improving energy efficiency in the budgetary sphere’on 7 August 2012. The event was attended by representatives of Project partner cities, the Secretariat of the Budget Committee of the Verkhovna Rada, Ministry of Finance, and the State Treasury Service.
During the seminar, the participants became familiar with a system developed by the Project for monitoring and evaluating the efficiency of energy expenditures based on Performance Program Budgeting, as well as the mechanism of implementing this system for public-sector institutions that emphasizes the financial aspects energy efficiency.
In addition, representatives from the cities of Zhytomyr, Horlivka, and Ivano-Frankivsk gave presentations on their experience in implementing energy efficiency and energy saving activities. The financial mechanisms for these projects required documents prepared with support from MFSI-II.
The use of the knowledge acquired during the seminar will help strengthen the capacity of local budgets both to ensure energy savings by end users, and provide for the efficient management of the funds saved.
Seminar materials (Ukrainian versions only):
A system of monitoring and evaluation of efficiency of budget expenditures for energy
Glyanec