Western Balkans : Scaling Up Energy Efficiency in Buildings

Within the six countries of the Western Balkans, Albania, Bosnia and Herzegovina, Kosovo, the Former Yugoslav Republic of Macedonia, Montenegro, and Serbia, energy efficiency (EE) is increasingly seen as a key pillar in national energy strategies,...

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Main Author:	World Bank Group
Format:	Energy Study
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCESSIBILITY ACCOUNTING ADMINISTRATIVE CHALLENGES AFFORDABILITY AIR QUALITY APPROACH AVAILABILITY BALANCE BANK FINANCING BANK LENDING BANK LOAN BANK LOANS BOILERS BORROWER BORROWING BORROWING CAPACITY BUDGET CONSTRAINTS BUDGETARY ALLOCATIONS BUDGETING CAPACITY BUILDING CARBON DIOXIDE CASH FLOW CASH FLOWS CLEAN ENERGY CLIMATE CLIMATE CHANGE COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LENDING COMPACT FLUORESCENT LAMPS CONTRACTUAL OBLIGATIONS COOPERATIVES COST OF ENERGY CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEES CREDIT LINES CREDIT MARKET CREDIT MARKETS CREDIT PROGRAMS CREDIT SCHEMES CREDITWORTHINESS CUSTOMER SATISFACTION DEBT DEBT CAPACITY DEMAND FOR ENERGY DEVELOPMENT BANK DIRECT FINANCING DISCOUNT RATES DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS EARNINGS ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENT ENERGY USE EFFICIENT LIGHTING ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY SALES ELIGIBILITY CRITERIA EMISSION EMISSION REDUCTIONS EMISSIONS EMPLOYMENT ENERGY AUDIT ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY DEMAND ENERGY EFFICIENCY ENERGY EFFICIENCY FINANCE ENERGY EFFICIENCY INVESTMENTS ENERGY EFFICIENCY MEASURES ENERGY EXPENDITURE ENERGY EXPENDITURES ENERGY INTENSITY ENERGY MANAGEMENT ENERGY POLICY ENERGY PRICES ENERGY PRICING ENERGY RESOURCES ENERGY RETROFIT ENERGY SAVINGS ENERGY SECURITY ENERGY SOURCES ENERGY STRATEGIES ENERGY SUBSIDIES ENERGY SUPPLY ENERGY USE ENFORCEMENT MECHANISMS ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROTECTION ENVIRONMENTAL SUSTAINABILITY EQUIPMENT ESP EXCLUSION EXPENDITURES FINANCIAL INCENTIVES FINANCIAL INSTITUTIONS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FOSSIL FOSSIL FUEL FOSSIL FUEL USE FUEL COSTS FUNDING SOURCES GENERATION GOVERNMENT INTERVENTIONS GREENHOUSE GASES HEAT HEAT METERING HEAT METERS HEAT PUMPS HEATING SYSTEMS HEAVY RELIANCE HIGH INTEREST RATES HOME OWNER HOMEOWNER HOMEOWNERS HOUSEHOLD INCOME HOUSEHOLDS HYDROCARBONS IMPORTS IMPROVING ENERGY EFFICIENCY INCOME HOUSEHOLDS INFORMATION SYSTEMS INSURANCE INSURANCE COMPANY INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CAPITAL INVESTMENT FINANCING INVESTMENT PROPOSALS INVESTMENTS IN ENERGY INVESTMENTS IN ENERGY EFFICIENCY JOB CREATION JOBS KILOWATT-HOUR LENDER LOAN LOAN DEFAULTS LOAN GUARANTEES LOAN TERMS LOCAL CAPACITY LOCAL MARKET LOCAL MARKETS LOW-INCOME FAMILIES MARKET BARRIERS MARKET CONDITIONS MARKET DEVELOPMENT MARKET DISTORTIONS MARKET FAILURES MATURITY MUNICIPAL BONDS MUNICIPAL CREDIT MUNICIPAL INVESTMENT NATURAL GAS OIL OIL EQUIVALENT OPERATING COSTS OUTREACH PARTIAL CREDIT PARTNER BANKS PENALTIES PENETRATION RATES PER CAPITA CONSUMPTION PIPELINE POLLUTION PORTFOLIO PRESENT VALUE PRIVATE FUNDS PRIVATIZATIONS PUBLIC BUDGET PUBLIC BUDGETS PUBLIC CREDIT PUBLIC FACILITIES PUBLIC FUNDS PUBLIC SPENDING PUBLIC-PRIVATE PARTNERSHIPS REBATES REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES RENEWABLE SOURCES REPAYMENT REPAYMENTS RESIDENTIAL BUILDING RESIDENTIAL BUILDINGS RESIDENTIAL CONSUMERS RESIDENTIAL SECTORS REVOLVING FUND REVOLVING FUNDS REVOLVING LOANS RISK AVERSION RISK PERCEPTION SALES REVENUES SELF-FINANCING SOFT LOANS SOLAR PANELS SPECIAL CREDIT SPECIAL CREDIT LINES STOCKS SUSTAINABLE ENERGY TAX TAX INCENTIVES TAX REVENUES TECHNICAL ASSISTANCE TRANSACTION TRANSACTION COSTS TRANSPARENCY UNEMPLOYMENT UNION UTILITIES UTILITY BILLS UTILITY DEMAND-SIDE MANAGEMENT UTILITY PAYMENTS WOOD BIOMASS
Online Access:	http://documents.worldbank.org/curated/en/2014/06/19782698/western-balkans-scaling-up-energy-efficiency-buildings-final-report http://hdl.handle.net/10986/20003

id	okr-10986-20003
recordtype	oai_dc
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCESSIBILITY ACCOUNTING ADMINISTRATIVE CHALLENGES AFFORDABILITY AIR QUALITY APPROACH AVAILABILITY BALANCE BANK FINANCING BANK LENDING BANK LOAN BANK LOANS BOILERS BORROWER BORROWING BORROWING CAPACITY BUDGET CONSTRAINTS BUDGETARY ALLOCATIONS BUDGETING CAPACITY BUILDING CARBON DIOXIDE CASH FLOW CASH FLOWS CLEAN ENERGY CLIMATE CLIMATE CHANGE COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LENDING COMPACT FLUORESCENT LAMPS CONTRACTUAL OBLIGATIONS COOPERATIVES COST OF ENERGY CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEES CREDIT LINES CREDIT MARKET CREDIT MARKETS CREDIT PROGRAMS CREDIT SCHEMES CREDITWORTHINESS CUSTOMER SATISFACTION DEBT DEBT CAPACITY DEMAND FOR ENERGY DEVELOPMENT BANK DIRECT FINANCING DISCOUNT RATES DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS EARNINGS ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENT ENERGY USE EFFICIENT LIGHTING ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY SALES ELIGIBILITY CRITERIA EMISSION EMISSION REDUCTIONS EMISSIONS EMPLOYMENT ENERGY AUDIT ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY DEMAND ENERGY EFFICIENCY ENERGY EFFICIENCY FINANCE ENERGY EFFICIENCY INVESTMENTS ENERGY EFFICIENCY MEASURES ENERGY EXPENDITURE ENERGY EXPENDITURES ENERGY INTENSITY ENERGY MANAGEMENT ENERGY POLICY ENERGY PRICES ENERGY PRICING ENERGY RESOURCES ENERGY RETROFIT ENERGY SAVINGS ENERGY SECURITY ENERGY SOURCES ENERGY STRATEGIES ENERGY SUBSIDIES ENERGY SUPPLY ENERGY USE ENFORCEMENT MECHANISMS ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROTECTION ENVIRONMENTAL SUSTAINABILITY EQUIPMENT ESP EXCLUSION EXPENDITURES FINANCIAL INCENTIVES FINANCIAL INSTITUTIONS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FOSSIL FOSSIL FUEL FOSSIL FUEL USE FUEL COSTS FUNDING SOURCES GENERATION GOVERNMENT INTERVENTIONS GREENHOUSE GASES HEAT HEAT METERING HEAT METERS HEAT PUMPS HEATING SYSTEMS HEAVY RELIANCE HIGH INTEREST RATES HOME OWNER HOMEOWNER HOMEOWNERS HOUSEHOLD INCOME HOUSEHOLDS HYDROCARBONS IMPORTS IMPROVING ENERGY EFFICIENCY INCOME HOUSEHOLDS INFORMATION SYSTEMS INSURANCE INSURANCE COMPANY INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CAPITAL INVESTMENT FINANCING INVESTMENT PROPOSALS INVESTMENTS IN ENERGY INVESTMENTS IN ENERGY EFFICIENCY JOB CREATION JOBS KILOWATT-HOUR LENDER LOAN LOAN DEFAULTS LOAN GUARANTEES LOAN TERMS LOCAL CAPACITY LOCAL MARKET LOCAL MARKETS LOW-INCOME FAMILIES MARKET BARRIERS MARKET CONDITIONS MARKET DEVELOPMENT MARKET DISTORTIONS MARKET FAILURES MATURITY MUNICIPAL BONDS MUNICIPAL CREDIT MUNICIPAL INVESTMENT NATURAL GAS OIL OIL EQUIVALENT OPERATING COSTS OUTREACH PARTIAL CREDIT PARTNER BANKS PENALTIES PENETRATION RATES PER CAPITA CONSUMPTION PIPELINE POLLUTION PORTFOLIO PRESENT VALUE PRIVATE FUNDS PRIVATIZATIONS PUBLIC BUDGET PUBLIC BUDGETS PUBLIC CREDIT PUBLIC FACILITIES PUBLIC FUNDS PUBLIC SPENDING PUBLIC-PRIVATE PARTNERSHIPS REBATES REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES RENEWABLE SOURCES REPAYMENT REPAYMENTS RESIDENTIAL BUILDING RESIDENTIAL BUILDINGS RESIDENTIAL CONSUMERS RESIDENTIAL SECTORS REVOLVING FUND REVOLVING FUNDS REVOLVING LOANS RISK AVERSION RISK PERCEPTION SALES REVENUES SELF-FINANCING SOFT LOANS SOLAR PANELS SPECIAL CREDIT SPECIAL CREDIT LINES STOCKS SUSTAINABLE ENERGY TAX TAX INCENTIVES TAX REVENUES TECHNICAL ASSISTANCE TRANSACTION TRANSACTION COSTS TRANSPARENCY UNEMPLOYMENT UNION UTILITIES UTILITY BILLS UTILITY DEMAND-SIDE MANAGEMENT UTILITY PAYMENTS WOOD BIOMASS
spellingShingle	ACCESSIBILITY ACCOUNTING ADMINISTRATIVE CHALLENGES AFFORDABILITY AIR QUALITY APPROACH AVAILABILITY BALANCE BANK FINANCING BANK LENDING BANK LOAN BANK LOANS BOILERS BORROWER BORROWING BORROWING CAPACITY BUDGET CONSTRAINTS BUDGETARY ALLOCATIONS BUDGETING CAPACITY BUILDING CARBON DIOXIDE CASH FLOW CASH FLOWS CLEAN ENERGY CLIMATE CLIMATE CHANGE COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LENDING COMPACT FLUORESCENT LAMPS CONTRACTUAL OBLIGATIONS COOPERATIVES COST OF ENERGY CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEES CREDIT LINES CREDIT MARKET CREDIT MARKETS CREDIT PROGRAMS CREDIT SCHEMES CREDITWORTHINESS CUSTOMER SATISFACTION DEBT DEBT CAPACITY DEMAND FOR ENERGY DEVELOPMENT BANK DIRECT FINANCING DISCOUNT RATES DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS EARNINGS ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENT ENERGY USE EFFICIENT LIGHTING ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY SALES ELIGIBILITY CRITERIA EMISSION EMISSION REDUCTIONS EMISSIONS EMPLOYMENT ENERGY AUDIT ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY DEMAND ENERGY EFFICIENCY ENERGY EFFICIENCY FINANCE ENERGY EFFICIENCY INVESTMENTS ENERGY EFFICIENCY MEASURES ENERGY EXPENDITURE ENERGY EXPENDITURES ENERGY INTENSITY ENERGY MANAGEMENT ENERGY POLICY ENERGY PRICES ENERGY PRICING ENERGY RESOURCES ENERGY RETROFIT ENERGY SAVINGS ENERGY SECURITY ENERGY SOURCES ENERGY STRATEGIES ENERGY SUBSIDIES ENERGY SUPPLY ENERGY USE ENFORCEMENT MECHANISMS ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROTECTION ENVIRONMENTAL SUSTAINABILITY EQUIPMENT ESP EXCLUSION EXPENDITURES FINANCIAL INCENTIVES FINANCIAL INSTITUTIONS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FOSSIL FOSSIL FUEL FOSSIL FUEL USE FUEL COSTS FUNDING SOURCES GENERATION GOVERNMENT INTERVENTIONS GREENHOUSE GASES HEAT HEAT METERING HEAT METERS HEAT PUMPS HEATING SYSTEMS HEAVY RELIANCE HIGH INTEREST RATES HOME OWNER HOMEOWNER HOMEOWNERS HOUSEHOLD INCOME HOUSEHOLDS HYDROCARBONS IMPORTS IMPROVING ENERGY EFFICIENCY INCOME HOUSEHOLDS INFORMATION SYSTEMS INSURANCE INSURANCE COMPANY INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CAPITAL INVESTMENT FINANCING INVESTMENT PROPOSALS INVESTMENTS IN ENERGY INVESTMENTS IN ENERGY EFFICIENCY JOB CREATION JOBS KILOWATT-HOUR LENDER LOAN LOAN DEFAULTS LOAN GUARANTEES LOAN TERMS LOCAL CAPACITY LOCAL MARKET LOCAL MARKETS LOW-INCOME FAMILIES MARKET BARRIERS MARKET CONDITIONS MARKET DEVELOPMENT MARKET DISTORTIONS MARKET FAILURES MATURITY MUNICIPAL BONDS MUNICIPAL CREDIT MUNICIPAL INVESTMENT NATURAL GAS OIL OIL EQUIVALENT OPERATING COSTS OUTREACH PARTIAL CREDIT PARTNER BANKS PENALTIES PENETRATION RATES PER CAPITA CONSUMPTION PIPELINE POLLUTION PORTFOLIO PRESENT VALUE PRIVATE FUNDS PRIVATIZATIONS PUBLIC BUDGET PUBLIC BUDGETS PUBLIC CREDIT PUBLIC FACILITIES PUBLIC FUNDS PUBLIC SPENDING PUBLIC-PRIVATE PARTNERSHIPS REBATES REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES RENEWABLE SOURCES REPAYMENT REPAYMENTS RESIDENTIAL BUILDING RESIDENTIAL BUILDINGS RESIDENTIAL CONSUMERS RESIDENTIAL SECTORS REVOLVING FUND REVOLVING FUNDS REVOLVING LOANS RISK AVERSION RISK PERCEPTION SALES REVENUES SELF-FINANCING SOFT LOANS SOLAR PANELS SPECIAL CREDIT SPECIAL CREDIT LINES STOCKS SUSTAINABLE ENERGY TAX TAX INCENTIVES TAX REVENUES TECHNICAL ASSISTANCE TRANSACTION TRANSACTION COSTS TRANSPARENCY UNEMPLOYMENT UNION UTILITIES UTILITY BILLS UTILITY DEMAND-SIDE MANAGEMENT UTILITY PAYMENTS WOOD BIOMASS World Bank Group Western Balkans : Scaling Up Energy Efficiency in Buildings
geographic_facet	Europe and Central Asia Eastern Europe ALBANIA Bosnia and Herzegovina Kosovo Macedonia, former Yugoslav Republic of Montenegro Serbia North Macedonia (Formerly the Former Yugoslav Republic of Macedonia)
description	Within the six countries of the Western Balkans, Albania, Bosnia and Herzegovina, Kosovo, the Former Yugoslav Republic of Macedonia, Montenegro, and Serbia, energy efficiency (EE) is increasingly seen as a key pillar in national energy strategies, helping to enhance energy security, contribute to economic growth, and ensure environmental sustainability. This is for several reasons. EE can reduce the region's heavy reliance on expensive imports, enhance competitiveness and job creation, and reduce the impact of widespread fossil fuel use. EE can also bring important social benefits, helping to improve local air quality (mitigating related adverse health impacts), improve indoor comfort levels through improved heating, and make energy more affordable for low-income families. Finally, EE is seen as a critical tool in helping to mitigate the effects of necessary and planned tariff reforms by offsetting the higher energy costs to the entire economy. To realize these benefits, the Western Balkans countries will have to shift from broad policies and small-scale pilots to scaled-up financing and implementation. There is an urgent need to develop viable financing models in all sectors, as well as suitable delivery mechanisms, information systems, and necessary secondary legislation, in order to meet national targets and fuel economic development in a more sustainable manner. Buildings, which account for almost half of energy use in the regions, have been identified as a key sector in all of the country EE plans.
format	Economic & Sector Work :: Energy Study
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Western Balkans : Scaling Up Energy Efficiency in Buildings
title_short	Western Balkans : Scaling Up Energy Efficiency in Buildings
title_full	Western Balkans : Scaling Up Energy Efficiency in Buildings
title_fullStr	Western Balkans : Scaling Up Energy Efficiency in Buildings
title_full_unstemmed	Western Balkans : Scaling Up Energy Efficiency in Buildings
title_sort	western balkans : scaling up energy efficiency in buildings
publisher	Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2014/06/19782698/western-balkans-scaling-up-energy-efficiency-buildings-final-report http://hdl.handle.net/10986/20003
_version_	1764444272938975232
spelling	okr-10986-200032021-04-23T14:03:52Z Western Balkans : Scaling Up Energy Efficiency in Buildings World Bank Group ACCESSIBILITY ACCOUNTING ADMINISTRATIVE CHALLENGES AFFORDABILITY AIR QUALITY APPROACH AVAILABILITY BALANCE BANK FINANCING BANK LENDING BANK LOAN BANK LOANS BOILERS BORROWER BORROWING BORROWING CAPACITY BUDGET CONSTRAINTS BUDGETARY ALLOCATIONS BUDGETING CAPACITY BUILDING CARBON DIOXIDE CASH FLOW CASH FLOWS CLEAN ENERGY CLIMATE CLIMATE CHANGE COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LENDING COMPACT FLUORESCENT LAMPS CONTRACTUAL OBLIGATIONS COOPERATIVES COST OF ENERGY CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEES CREDIT LINES CREDIT MARKET CREDIT MARKETS CREDIT PROGRAMS CREDIT SCHEMES CREDITWORTHINESS CUSTOMER SATISFACTION DEBT DEBT CAPACITY DEMAND FOR ENERGY DEVELOPMENT BANK DIRECT FINANCING DISCOUNT RATES DISTRICT HEATING DISTRICT HEATING SYSTEMS DONOR FUNDS EARNINGS ECONOMIC BENEFITS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENCY GAINS EFFICIENT ENERGY USE EFFICIENT LIGHTING ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY SALES ELIGIBILITY CRITERIA EMISSION EMISSION REDUCTIONS EMISSIONS EMPLOYMENT ENERGY AUDIT ENERGY BILLS ENERGY CONSUMPTION ENERGY COST SAVINGS ENERGY COSTS ENERGY DEMAND ENERGY EFFICIENCY ENERGY EFFICIENCY FINANCE ENERGY EFFICIENCY INVESTMENTS ENERGY EFFICIENCY MEASURES ENERGY EXPENDITURE ENERGY EXPENDITURES ENERGY INTENSITY ENERGY MANAGEMENT ENERGY POLICY ENERGY PRICES ENERGY PRICING ENERGY RESOURCES ENERGY RETROFIT ENERGY SAVINGS ENERGY SECURITY ENERGY SOURCES ENERGY STRATEGIES ENERGY SUBSIDIES ENERGY SUPPLY ENERGY USE ENFORCEMENT MECHANISMS ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL PROTECTION ENVIRONMENTAL SUSTAINABILITY EQUIPMENT ESP EXCLUSION EXPENDITURES FINANCIAL INCENTIVES FINANCIAL INSTITUTIONS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICES FINANCIAL SUSTAINABILITY FOSSIL FOSSIL FUEL FOSSIL FUEL USE FUEL COSTS FUNDING SOURCES GENERATION GOVERNMENT INTERVENTIONS GREENHOUSE GASES HEAT HEAT METERING HEAT METERS HEAT PUMPS HEATING SYSTEMS HEAVY RELIANCE HIGH INTEREST RATES HOME OWNER HOMEOWNER HOMEOWNERS HOUSEHOLD INCOME HOUSEHOLDS HYDROCARBONS IMPORTS IMPROVING ENERGY EFFICIENCY INCOME HOUSEHOLDS INFORMATION SYSTEMS INSURANCE INSURANCE COMPANY INTEREST RATE INTEREST RATES INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INVESTMENT CAPITAL INVESTMENT FINANCING INVESTMENT PROPOSALS INVESTMENTS IN ENERGY INVESTMENTS IN ENERGY EFFICIENCY JOB CREATION JOBS KILOWATT-HOUR LENDER LOAN LOAN DEFAULTS LOAN GUARANTEES LOAN TERMS LOCAL CAPACITY LOCAL MARKET LOCAL MARKETS LOW-INCOME FAMILIES MARKET BARRIERS MARKET CONDITIONS MARKET DEVELOPMENT MARKET DISTORTIONS MARKET FAILURES MATURITY MUNICIPAL BONDS MUNICIPAL CREDIT MUNICIPAL INVESTMENT NATURAL GAS OIL OIL EQUIVALENT OPERATING COSTS OUTREACH PARTIAL CREDIT PARTNER BANKS PENALTIES PENETRATION RATES PER CAPITA CONSUMPTION PIPELINE POLLUTION PORTFOLIO PRESENT VALUE PRIVATE FUNDS PRIVATIZATIONS PUBLIC BUDGET PUBLIC BUDGETS PUBLIC CREDIT PUBLIC FACILITIES PUBLIC FUNDS PUBLIC SPENDING PUBLIC-PRIVATE PARTNERSHIPS REBATES REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE RESOURCES RENEWABLE SOURCES REPAYMENT REPAYMENTS RESIDENTIAL BUILDING RESIDENTIAL BUILDINGS RESIDENTIAL CONSUMERS RESIDENTIAL SECTORS REVOLVING FUND REVOLVING FUNDS REVOLVING LOANS RISK AVERSION RISK PERCEPTION SALES REVENUES SELF-FINANCING SOFT LOANS SOLAR PANELS SPECIAL CREDIT SPECIAL CREDIT LINES STOCKS SUSTAINABLE ENERGY TAX TAX INCENTIVES TAX REVENUES TECHNICAL ASSISTANCE TRANSACTION TRANSACTION COSTS TRANSPARENCY UNEMPLOYMENT UNION UTILITIES UTILITY BILLS UTILITY DEMAND-SIDE MANAGEMENT UTILITY PAYMENTS WOOD BIOMASS Within the six countries of the Western Balkans, Albania, Bosnia and Herzegovina, Kosovo, the Former Yugoslav Republic of Macedonia, Montenegro, and Serbia, energy efficiency (EE) is increasingly seen as a key pillar in national energy strategies, helping to enhance energy security, contribute to economic growth, and ensure environmental sustainability. This is for several reasons. EE can reduce the region's heavy reliance on expensive imports, enhance competitiveness and job creation, and reduce the impact of widespread fossil fuel use. EE can also bring important social benefits, helping to improve local air quality (mitigating related adverse health impacts), improve indoor comfort levels through improved heating, and make energy more affordable for low-income families. Finally, EE is seen as a critical tool in helping to mitigate the effects of necessary and planned tariff reforms by offsetting the higher energy costs to the entire economy. To realize these benefits, the Western Balkans countries will have to shift from broad policies and small-scale pilots to scaled-up financing and implementation. There is an urgent need to develop viable financing models in all sectors, as well as suitable delivery mechanisms, information systems, and necessary secondary legislation, in order to meet national targets and fuel economic development in a more sustainable manner. Buildings, which account for almost half of energy use in the regions, have been identified as a key sector in all of the country EE plans. 2014-09-09T18:40:41Z 2014-09-09T18:40:41Z 2014-06 http://documents.worldbank.org/curated/en/2014/06/19782698/western-balkans-scaling-up-energy-efficiency-buildings-final-report http://hdl.handle.net/10986/20003 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Energy Study Europe and Central Asia Eastern Europe ALBANIA Bosnia and Herzegovina Kosovo Macedonia, former Yugoslav Republic of Montenegro Serbia North Macedonia (Formerly the Former Yugoslav Republic of Macedonia)

Western Balkans : Scaling Up Energy Efficiency in Buildings

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