ESCO in Ukraine: 8 Years of Progress and Resilience Amid War

This webinar will provide a comprehensive overview of the foundational ESCO legislation in Ukraine, emphasizing the state and municipal guarantees that ensure investment returns for ESCO companies.

30 January, 2025 14:00
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Join us for an in-depth discussion on how the ESCO mechanism has been pivotal in advancing energy modernization in Ukraine’s municipal sector over the past eight years, even amidst the unprecedented challenges of wartime. This webinar will provide a comprehensive overview of the foundational ESCO legislation in Ukraine, emphasizing the state and municipal guarantees that ensure investment returns for ESCO companies—facilitating the successful implementation of over 700 energy performance contracts worth more than 60 million USD.

The session will showcase key energy-efficient technologies and distributed energy resources deployed by ESCOs, including the installation of solar power stations in hospitals and water utilities, thermal modernization of public buildings, LED lighting solutions, and the enhanced ESCO model, where projects are co-financed by municipalities and ESCO companies.

Notably, the GEF/UNDP Project “Removing Barriers to Promoting Energy Efficiency Investments in Public Buildings in Small and Medium-Sized Cities of Ukraine Using the ESCO Mechanism” has played a critical role in strengthening Ukraine’s ESCO market. By promoting energy efficiency investments, this initiative has supported municipalities in adopting sustainable, energy-saving measures while driving forward the country’s green transition agenda.

Furthermore, the discussion will address newly introduced financial instruments, including soft loan mechanisms established via ESCO-Fund and Decarbonization Fund of Ukraine, which are designed to facilitate and accelerate ESCO project implementation. This webinar offers a unique opportunity to gain valuable insights into the legislative, financial, and technological advancements that are shaping Ukraine’s energy efficiency landscape, ensuring long-term sustainability, resilience, and modernization of municipal infrastructure.

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