The Loan Guarantee Fund for the energy efficiency loans for Ukrainian Industry was presented at the conference. This is the first financial instrument in Ukraine that uses guarantees to improve the financing conditions for industrial energy efficiency.
The Loan Guarantee Fund was created by the United Nations Industrial Development Organization (UNIDO) jointly with Ukrgasbank JSB, with the help of the Global Environment Facility (GEF) and with the support of national beneficiaries as part of the implementation of the objectives of the UNIDO/GEF UKR IEE Technical Assistance Project “Introduction of Energy Management System Standard in Ukrainian Industry”.
- Program of the event.
- Information about the Loan Guarantee Fund.
- You can watch the video recording of the conference by following the links:
The Loan Guarantee Fund for the implementation of the energy management system (according to ISO 50001) and other energy efficiency measures at Ukrainian enterprises has started. The program will increase the level of energy efficiency and competitiveness of Ukrainian businesses, including in international markets.
Funding is allocated for:
Implementation and certification of the energy management system (according to ISO 50001).
Implementation of energy consumption optimization measures.
On June 30, 2020, the United Nations Industrial Development Organization (UNIDO) and Public Joint-Stock Company Joint Stock Bank “UKRGASBANK” have signed a contract that will enable the launch and operation of a USD 1.5 Million Loan Guarantee Fund as special financial mechanism within the framework of the UNIDO-GEF project “Introduction of Energy Management System Standard in Ukrainian Industry”.
Supported by national stakeholders, and cross-guaranteed by Citibank Europe PLC, the Loan Guarantee Fund is foremost aimed to facilitate industrial companies with getting access to capital for implementation of energy management systems in line with ISO 50001 and other energy efficiency measures.
The United Nations Industrial Development Organization (UNIDO) Project “Introduction of Energy Management System Standard in Ukrainian Industry” (UKR IEE Project), supported by the Global Environment Facility (GEF), invites organizations to submit information on their activities to help to create and develop energy management consulting services and promotion to the market of relevant energy services in Ukraine.
To complete the Open Database of energy service, consulting and engineering companies in the field of EnMS and ESO, we ask you to fill out the information in Ukrainian and English by June 25, 2020 at the following link:
For companies, firms (legal entities): https://forms.gle/B4uE73iVfzWZPSbv7
For national experts: https://forms.gle/5b4yNDjUpwZkyhoS7
If you have questions, write to the Project email: email@example.com or to Alexey Pashchenko – A.Paschenko@unido.org.
Thanks to the support of the UNIDO UKR IEE Project, the latest version of the National Standard ISO 50001 and two more new standards of the ISO 50000 series were implemented in Ukraine.
On November 29, 2019, by the decision of the Project Steering Committee, the Project was extended until December 31, 2021.
For the extension period, the Project’s activities are primarily aimed at the creation and launch of an innovative Loan Guarantee Fund (LGF) for industrial enterprises wishing to take a loan for the implementation of an energy management system or projects of optimizing energy consumption systems in Ukraine.
The Loan Guarantee Fund was created in cooperation with a partner bank – Ukrgasbank (Eco-Bank).
Detailed information on the operation of the fund, operating cycle, conditions and criteria will be available after the bank announcement.
ABOUT THE PROJECT
The UNIDO/GEF UKR IEE Project: “Introduction of Energy Management System Standard in Ukrainian Industry”:
Project Donor: Global Environment Facility (GEF)
UN Implementing agency: UNIDO (United Nations Industrial Development Organisation)
National Beneficiaries and Partners:
Ministry of Economic Development, Trade, and Agriculture of Ukraine
State Agency on Energy Efficiency and Energy Saving of Ukraine
Resource Efficiency and Cleaner Production Center
The Project’s Main Goal:
The Project “Introduction of Energy Management System Standards in Ukrainian Industry Project” (UKR IEE Project) aims at contributing to a sustainable transformation of industrial energy usage practices in Ukraine. The project will do this by establishing and promoting the concepts of EnMS and ESO, along with the introduction and promotion of the ISO50000 Energy Management Standard series.
The UKR IEE Project contains three primary components:
The Project activities aim at substantial GHGs reduction.
Project budget: 5,5 mio USD
Project lifetime: Operational activities started in 2015 and, expected, to be realized until the end of 2021
The UKR IEE Project aims to assist the Government of Ukraine to achieve a sustainable transformation of industrial energy usage practices within the country. In order to do this, the project is establishing and promoting the industrial Energy Efficiency (IEE) concepts of Energy Management System (EnMS) and Energy Systems Optimization (ESO), along with the promotion and deployment of the ISO 50000 Energy Management Standard Series.
EnMS provides structured and systematic approach for integration of energy efficiency concept into enterprise management culture and day-to-day practices. EnMS delivers: (i) A framework for understanding significant energy uses; (ii) Action plans for continuous improvement of energy use performance, and (iii) Documentation to sustain and demonstrate energy performance improvements over time. EnMS establishes a proper linkage between energy management business practices and core industrial values, such as cost reduction, increased productivity, environmental compliance, and competitiveness. Practical experience demonstrates that for companies that are totally new to energy management concepts, average energy efficiency gains through the adoption of EnMS in the first several years in the range between 10 and 20% and with minimal investment costs.
ESO is a method of generating energy savings through optimizing the operation of systems that consume energy within a facility, rather than following the traditional method of replacing individual components of a system with components of higher efficiency. While more efficient components may save 2-3% of energy, optimization of the entire system can usually save up to 20-30% of the energy use.
The United Nations Industrial Development Organization (UNIDO) – is a specialized agency in the United Nations system. The mission of UNIDO is to promote and accelerate inclusive and sustainable industrial development (ISID) in Member States.