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25.05.2015

INVESTING IN ALTERNATIVE ENERGY AND ENERGY EFFICIENCY

On May 22 was held an International Conference "Investing in alternative energy and energy efficiency" within the Ukrainian Investment Dialog project with the support of Kyiv Regional State Administration and State Agency on Energy Efficiency and Energy Saving of Ukraine. Organizer of the conference was a company "Business Gathering".

The conference main focus was the development of proposals concerning the legislative system of incentives to attract investment in renewable energy.

Its participants included MPs profile parliamentary committees, representatives of Minenergouglya, professional associations, businesses, international financial organizations and foreign investors.

The participants also discussed implementation of the National Action Plan on Renewable Energy up to 2020, the outcomes and opportunities of EBRD’s Renewable Energies Financing program in Ukraine as well as fundraising suggestions by the international experts.

Representatives of international and national organizations as well as the Kiev authorities in their welcome speeches noted the importance of attracting investment in energy efficiency and renewable energies in Ukraine.

Andriy Konechenkov, UWEA Chairman in his speech at the conference stressed that "only the implementation of existing legislation and a clear signal on the targeted development of renewable energies sent by the government can improve the investment climate in Ukraine. Investments in renewable energy are one of the promising areas in the world today".