MFSI-II Project Assists in Reducing Energy Dependence of Ukrainian Municipalities
25 November 2014
On 24 November 2014, the MFSI-II Project took part in a meeting of the Reanimation Reform Package initiative group, which is dealing with energy sector reform issues .
This special meeting was devoted to discussing the legislative changes that will enable private capital to be utilized for energy saving activities in the budget sector (ESCO). The Project took part in the development of these changes.
The meeting’s participants noted the extensive and fruitful work implemented in preparing the legislative drafts "On Amending the Law of Ukraine 'On Energy Saving' with Regard to Legal Foundations for Implementation of Energy Service Contracts," "On Special Considerations in Energy Service Procurements," and "On Amending the Budget Code of Ukraine (with Regard to Implementation of Energy Efficient Activities in Government-Funded Institutions)."
The participants have also pointed to the need to accelerate the adoption of the legislative drafts, as this would ensure the introduction of energy service contracts in the public sector, and they agreed to improve the developed legislative drafts if needed.
The adoption of these legislative drafts will empower government-funded institutions to conclude energy service contracts, which, in turn, will facilitate efficient energy consumption in the public sector and reduce the amount of energy resources used.
This special meeting was devoted to discussing the legislative changes that will enable private capital to be utilized for energy saving activities in the budget sector (ESCO). The Project took part in the development of these changes.
The meeting’s participants noted the extensive and fruitful work implemented in preparing the legislative drafts "On Amending the Law of Ukraine 'On Energy Saving' with Regard to Legal Foundations for Implementation of Energy Service Contracts," "On Special Considerations in Energy Service Procurements," and "On Amending the Budget Code of Ukraine (with Regard to Implementation of Energy Efficient Activities in Government-Funded Institutions)."
The participants have also pointed to the need to accelerate the adoption of the legislative drafts, as this would ensure the introduction of energy service contracts in the public sector, and they agreed to improve the developed legislative drafts if needed.
The adoption of these legislative drafts will empower government-funded institutions to conclude energy service contracts, which, in turn, will facilitate efficient energy consumption in the public sector and reduce the amount of energy resources used.
Glyanec