Azerbaijan's Energy Ministry, WB, EU Deepen Joint Effort To Scale Up Energy Efficiency
(MENAFN- AzerNews)
energy Ministry, WB, EU Deepen Joint Effort To Scale Up Energy Efficiency Image' Width='242' Height='268'/>
Ulviyya Shahin
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The Ministry of Energy of Azerbaijan, the European Union (EU)
and the World bank (WB) came together to deepen the dialogue on the
operational structure and business activities of the Energy
Efficiency Fund and key findings of the National Renovation Program
(NRP) Roadmap for Renovation of private and public buildings in
Azerbaijan under the Azerbaijan Rapid Technical Assistance Facility
(AZTAF) program funded by the EU and implemented by the World Bank,
Azernews reports.
This technical assistance supports operationalizing an Energy
Efficiency (EE) Fund, strengthening the EE policy environment, and
identifying investment opportunities for EE interventions. In
addition, it helps the government prepare a comprehensive set of
actions to support the renovation of private and public buildings
to improve energy performance.
In their opening remarks, Peter Michalko, EU Ambassador, Nargiz
Baghirli, Acting Head of the Department of Energy Efficiency of the
Ministry of Energy, Saida Baghirli, Task Team Leader of the AZTAF
program, and Yasemin Orucu, Team Leader of Energy Efficiency and
Climate Technical Assistance under the AZTAF program at the World
Bank, said that cooperation among these three organisations has
been instrumental in achieving the objectives of this component of
AZTAF and preparing Azerbaijan for the full operationalization of
the EE Fund and associated policy and investment decisions.
This event, the final in a series of workshops planned under the
“Energy Efficiency and Climate” Technical Assistance of AZTAF
program, sought to present draft findings of the project and
collect feedback from various stakeholders. During the event, it
was noted that buildings are a major consumer of energy, and their
renovation offers one of the most effective ways to improve energy
efficiency. The draft roadmap developed under the AZTAF program
outlines a comprehensive plan to renovate both private and public
buildings, incorporating the latest technologies and best
practices.
Given the critical role of energy efficiency in the building
sector which is important not only for meeting national objectives
as stated in the country's 2030 agenda but also for improving the
urban environment and living standards of Azerbaijan's citizens,
the World Bank is conducting a“EE potential in public buildings”
market survey as a prelude to the development of a Roadmap for the
National Renovation Program.
AZTAF is a three-year program with a total budget of Euro 5.25
million funded by the EU and implemented by the World Bank. Its
objective is to provide advisory and analytical support and
capacity building to the Government of Azerbaijan in line with the
Azerbaijan 2030 National Priorities and National Socio-Economic
Development Strategy for 2022-2026.
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