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Law on Energy Efficiency Fund (No. 5598)

2017LegislativeMitigationMore details
Sectors: Buildings, Energy, Transport
Law No. 5598 defines the legal, economic, and organizational foundations for the establishment and operation of the Energy Efficiency Fund. The Fund is established to support energy efficiency initiatives and introduce incentive and support measures for energy efficiency improvements and energy saving in buildings, in particular in the residential sector. It takes into account the national plan for energy efficiency, reducing carbon dioxide emissions under the Paris agreement, and upholding Ukraine's international obligations in the area of energy efficiency.
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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Law on Energy Efficiency Fund (No. 5598)
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  • 25 Mt CO2e reduced (-17%) by 2030 against a 1990 baselineEconomy-wide: Economy Wide · Target year: 2030
  • 25 Mt CO2e reduced (-17%) by 2030 against a 1990 baselineEconomy-wide: Economy Wide · Target year: 2030
  • 40% cut in CO2, then 80-95% by 2030, 2050 against a 1990 baselineEconomy-wide: Economy Wide · Target year: 2050
  • 40% cut in CO2, then 80-95% by 2030, 2050 against a 1990 baselineEconomy-wide: Economy Wide · Target year: 2050
  • 60% cut in CO2e in transportation by 2050 against a 1990 baselineTransportation: General · Target year: 2050

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.