International experience of introducing innovative financial instruments for the purpose of increasing the energy efficiency of buildings

Abstract

Kazakhstan housing sector consumes about 11-13% of the electric power and 40% of made thermal energy (Housing and Utilities, 2017). On the average, residential houses in Kazakhstan consume three times more energy per unit of the area, than in the countries of Northern Europe. High level warmly of losses connected with the wear-and-tear of the equipment, as well as with necessity of execution of repair and update is noted. One of the most important directions in the area of power saving and increase of power efficiency is research and development of financial mechanisms for ultimate users stimulating attraction of investments to update of existing buildings for increase of their power efficiency. Not see-ing to realization of the complex of legislative initiatives and events, communicating Republic politics Kazakhstan in the area of power efficiency needs further perfecting, including in view of the best inter-national experience. In given article opportunities of increase of power efficiency of buildings are considered at the expense of application of innovative financial tools enabling to increase the profitability of capital investments in given sector and to lower expenses. In connection with that financial tools used in international practice are presented, analysis of deficiencies and advantages of existing tools is carried out. Practical importance of research consists in consideration of the most effective innovative financial tools in the area of power saving enabling to raise buildings power efficiency, efficiency of investments in given area. Experience of implementation of financial tools and mechanisms stimulate the increase of power efficiency of buildings in such countries as Netherlands, France, Italy, Slovakia, Estonia etc

Keywords

• energy efficiency
• financial instruments
• housing and communal services.